Getting a Society registered is quite difficult as it involves cumbersome procedures. Additionally, several Society members must approve it. However, it has its own advantages as well. Registration confers upon a Society its legal status as a separate entity. As a result, the Society would be able to buy, sell, rent, or lease property itself. The Society will not be held personally liable for the debts incurred by the Society, nor will the members of the Society be held personally liable for the debts incurred by the Society. A registered Society also benefits from a number of tax benefits, which […]