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SOCIETY REGISTRATION

ociety Registration governed in India under Society Registration Act,1860. Which allows the registration of entities which are generally involved in the benefit of society- education, health, employment etc. The society may be formed by any seven or more people associated for literary, scientific or charitable purpose.

EASY TO FORM

  • The formation of a society is very simple as compared to the formation of any other form of business organizations. Any ten adults can join together and form a cooperative society. The procedure involves in the registration of a society is very simple and easy. No legal formalities are required for the formation of society.

LIMITED LIABILITY

The liabilities of the members of the society are limited to the extent of capital contributed by them. Hence, they are relieved from the fear of attachment of their private property, in case of the society suffers financial losses.

MEMBERSHIP

  • Unless and otherwise specifically debarred, the membership of society is open to everybody. Nobody is obstructed to join on the basis of religion, caste, creed, sex and color etc. A person can become a member of a society at any time he likes and can leave the society when he does not like to continue as member.

SERVICE MOTIVE

  • In society members are provided with better good and services at reasonable prices. The society also provides financial help to its members < the concessional rates. It assists in setting up production units and marketing of produces c small business houses so also small farmers for their agricultural products. The society is managed by the elected members from and among themselves. Every member has equal rights through its single vote but can take active part in' the formulation of the policies of the society. Thus all members are equally important for the society.

DOCUMENTS REQUIRED FOR REGISTRATION

IDENTITY AND ADDRESS PROOF

  • Aadhar Card, Aadhar number is now a necessity for applying for any registration in India.
  • Income tax return can only be filed if the person has linked his PAN card with Aadhar number.
  • Address proof will be required for all directors and shareholders of the company to be incorporated.
  • For Indian nationals, PAN is mandatory. For foreign nationals, apostilled or notarised copy of passport must be mandatorily submitted.
  • Residence proof documents like bank statement or electricity bill should not be more than 2 months old.
  • All documents submitted must be valid

REGISTERED OFFICE PROOF

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  • Register office of all companies must be in India .If it is a Rented Property, Rent agreement and NOC from a landlord. If it is a Self-owned Property, Electricity bill or any other address proof.
  • Documents submitted must be valid and not more than 2 month old.