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A society may be defined as a company or an association of persons united together by mutual consent to deliberate, determine and act jointly for same common purpose. Minimum seven persons, eligible to enter into a contract, can form society. When an NGO is constituted as a society, it is required to be registered under the Societies Registration Act, 1860.
The chief advantage of forming a society are that it gives a corporate appearance to the organization, and provides greater flexibility as it is easier to amend the memorandum and bye laws of the society than in case of trust, terms of which are strictly manifested in the trust deed.
PROCEDURE INVOLVED
Formation of a society requires more procedural formalities than in case of a trust. A Society for its inception requires:-
I. Memorandum of Association, and
II. Rules and Regulations
For the purpose of registration, following documents are required to be filed with the registrar of Societies:
- Covering letter requesting for registration stating in the body of the letter various documents annexed to it. The letter is to be signed by all the subscribers to the memorandum or by a person duly authorised by all of them to sign on their behalf.
- Memorandum of Association, in duplicate neatly typed and pages serially numbered.
- Rules and Regulations/Bye-Laws, in duplicate, certified by at least three members of the governing body.
- An affidavit of the president/Secretary of the society, on a non-judicial stamp paper of prescribed value, stating the relationship between the subscribers, duly attested by an oath commissioner, notary public or 1st class magistrate.
- Documentary proof such as house tax receipt, rent receipt in respect of premises shown as registered office of the society or no objection certificate from the landlord of the premises.
- An authority duly signed by all members of the managing committee.
- A declaration by the members of the managing committee that the funds of the society shall be used only for the purpose of furthering the aims and objects of the society.
Register Society in India-FAQs
1. What are the minimum number of members required to set up a society?"
Minimum number of members is seven. The maximum number of members can be mentioned in the MOA & AOA of Society. All the members are collectively called Governing Body.
2. Can a Society work on Pan India Level?
Societies function only within a specified geographical area. To make an all India level society, you would need at least eight members (of which five should be from different states of India).
3. Can members draw remuneration from Society?
Members of the Governing Body can not draw any remuneration from the society funds. However, expenses incurred by the members of the Governing Body can be reimbursed from the society funds.
Register Society (Charitable) in India
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Register Society (Charitable) in India