Society Registration - Auditing Bazaar https://auditingbazaar.in The best quality and cost effective legal and compliance services Tue, 13 Feb 2024 23:48:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://auditingbazaar.in/wp-content/uploads/2023/07/cropped-Siteicon-32x32.png Society Registration - Auditing Bazaar https://auditingbazaar.in 32 32 230638473 Society Registration https://auditingbazaar.in/product/society-registration/ https://auditingbazaar.in/product/society-registration/#respond Thu, 20 Jul 2023 01:45:33 +0000 https://auditingbazaar.in/?post_type=product&p=40 A Society is registered under The Societies Registration Act, 1860 to become a legal entity.  Society is formed when a group of people come together for a common purpose or a charitable cause like sports, music, culture, religion, art, education, etc.

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The points to be kept in mind while forming a society are:

  1. A minimum of seven persons are required for formation of a society
  2. They must be associated for any Literary, Scientific, or Charitable purpose and shall subscribe their names to a Memorandum of Association and filing the same with the Registrar of Societies , form themselves into a Society under the Societies Registration Act, 1860.
  3. The proposed name must be in accordance with The Emblems Act, 1950
  4. MOA shall contain the Objectives, Details of members and the address of the registered office of the society.
  5. AOA shall contain the rules and regulations regarding the day to day workings of the society, frequency of meetings, Information about the Auditors, forms of arbitration in case of any dispute between the members of the society and ways for the dissolution of the society .
  6. A declaration has to be given by the president of the proposed society that he is willing and competent to hold the said post.

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