Society registration is the process of legally establishing a society under the Societies Registration Act, 1860. A society is a non-profit organization formed with the objective of promoting charitable, cultural, educational, religious, social, or philanthropic activities. Society registration provides legal recognition to the organization and enables it to function as a separate legal entity. Let’s delve into the key aspects of society registration: Eligibility for Society Registration To be eligible for society registration, the organization must meet the following criteria: Non-Profit Objective: The primary objective of the society should be to promote charitable, cultural, educational, religious, social, or philanthropic activities. […]
Advantages of Society Registration
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 […]