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SOCIETY REGISTRATION
Society registration is the process of officially registering a society under the Societies Registration Act, 1860 in India. A society is a group of individuals who come together with a common purpose, such as the promotion of literature, science, art, or for charitable purposes.
The Societies Registration Act, 1860 has played an important role in the promotion of literary, scientific, and charitable activities in India. The act has provided a legal framework for the registration and operation of societies, which has encouraged the formation of such organizations and facilitated their contributions to society.
benefits of Registering a Society
Registering a society in India offers several benefits. Here are some key advantages:
Legal Recognition
Society registration provides legal recognition and status to the organization, giving it a distinct legal identity. This recognition enhances the credibility and legitimacy of the society and allows it to operate within the framework of the law.
Governing Structure
Society registration formalities require the establishment of a governing structure, including the formation of a managing committee or governing body. This structure helps in efficient management, decision-making, and accountability within the society.
Funding and Grants
Registered societies have access to various sources of funding, including government grants, corporate social responsibility (CSR) funds, and international donor agencies. Many funding agencies require societies to be registered to consider them for financial support.
Easy Bank Account Opening
Banks often require proof of registration for opening a dedicated bank account for the society. Having a separate bank account helps maintain financial transparency and makes it easier to manage funds received for the society's activities.
Specialized Legal Provisions
Societies are governed by specific legislation, such as the Societies Registration Act, which provides legal frameworks for their operation. This act offers certain advantages, such as the power to hold property, sue or be sued, and make bylaws specific to the society's functioning.
Perpetual Existence
A registered society enjoys perpetual existence, meaning it continues to exist irrespective of changes in office bearers or members. This ensures continuity of the society's activities and enables long-term planning and implementation of its objectives.
Tax Exemptions
Registered societies are eligible for tax benefits and exemptions. They can receive tax-deductible donations under Section 80G of the Income Tax Act, which encourages individuals and corporations to contribute to the society's cause. Additionally, income generated from the society's charitable activities may be exempted from income tax under certain conditions.
Legal Protection
Registered societies enjoy legal protection in case of any disputes, allowing them to enforce their rights and defend their interests. They have the ability to enter into contracts, own property, and take legal action on behalf of the society.
Greater Opportunities for Collaboration
Registered societies have better opportunities to collaborate with other organizations, both within India and internationally. This collaboration can lead to knowledge sharing, resource pooling, and a wider impact on social causes.
Publicity and Recognition
Registered societies are listed on government portals and directories, which increases their visibility and makes it easier for potential supporters, beneficiaries, and volunteers to find them. This exposure can lead to greater public recognition and support for the society's mission.
How register a Society in India
To register a society in India, the following steps are usually required:
Identification of Members
The members of the society will need to be identified and their names and details included in the memorandum of association.
Submitting an Application
An application for registration must be submitted to the relevant registrar of society along with the required documents. The documents include the memorandum of association, the rules and regulations, and proof of address for the registered office.
Payment of Registration Fees
A registration fee is usually charged by the government for processing the application.
Once the society is registered, it is granted legal status and can conduct business, own assets, and enter into contracts. The registration also offers protection to the members and ensures that the society operates according to the terms and conditions outlined in the memorandum of association and rules and regulations.
features of the Societies Registration Act, 1860
The key features of the Societies Registration Act, 1860 include:
Definition of Society
The act defines a society as a group of people who have come together for a common purpose, such as the promotion of literature, science, or art, or for a charitable purpose.
Registration Process
The act provides for the registration of societies by the Registrar of Societies. The society must submit a memorandum of association and rules and regulations along with the application for registration.
Legal Status
The act provides legal recognition to societies that are registered under the act. Registered societies are treated as legal entities and can own property, enter into contracts, and sue and be sued in a court of law.
Management of Societies
The act provides guidelines for the management of societies, including the appointment of office bearers and the conduct of meetings.
Dissolution of Societies:
The act provides for the dissolution of societies and the distribution of their assets in the event of dissolution.
Amendment of Memorandum and Rules
The act provides for the amendment of the memorandum of association and rules and regulations of registered societies.
Penalties
The act also provides for penalties in case of non-compliance with its provisions.
Documents Required for Society registration
- Name of Society.
- Aims and Objectives of Society.
- Minimum seven member required.
- All members Aadhar card and pan card.
- Electricity bill of registered office.
- NOC from the landlord.