The activities of the society are managed executed and supervised by the governing body.
The principal Act defines the governing body to be the governors Councils. Directors Committee Trustees or another body to whom by the rules and regulations of the society registration and the management of its affairs is entrusted. There should be at least two members of any governing body.
In Tamil Nadu, there should be at least three members of the governing body. The members of the governing body are either elected or nominated as per the rules and regulations of the societies registration.
The term of office of members of the governing body is generally provided in the rules of the society. In Tamil Nadu, the term of office of a member of the governing body can’t exceed more than three years. The members of the governing body may retire or be expelled if provided in the rules of the society.
how Societies are formed in ngo
Societies are formed when a group of people joins to promote their common interests.
These interests may be recreation, cultural or charitable. Societies can be formed for any useful purpose but they cannot be formed to carry on a trade or business.
The Societies Act regulates societies incorporated in Alberta. A group is not required to incorporate under the Societies Act, the decision to incorporate is yours.
Advantages of incorporation a society include:
Advantages of incorporation a society for ngo
1.) A member of a society cannot be held responsible for a debt of the society.
2.) A society may hold title to property and contract in its own name.
3.) A society has a more definite and permanent status than an unincorporated group.
4.) A society is eligible to apply for government grants.
A society may purchase or be given real estate or other property. It may sell, mortgage, lease and develop the property, and may erect and maintain any necessary buildings. Property and funds of a society must only be used and dealt with for the society’s legitimate objects in accordance with its bylaws. Your society or society registration must hold an annual general meeting in Alberta during which you must present a financial statement setting out the society’s income, disbursements, assets, and liabilities. The financial statement must be audited and signed by your society’s auditor. your ngo registration must be incorporated by the organization’s detail.T he bylaws of a society may provide that disputes will be settled by arbitration. Unless the bylaws provide otherwise, the arbitration will be regulated by the Arbitration Act. To form a society you must first select an acceptable name. Your society’s name must comply with the Regulations set out under the Societies Act and must not be the same or similar to that of any other society.
