A Non Government Organization is registered as a Society under Indian Societies Act 1860. It takes a time period of one to two months time approximately for the registration of Society from the date of filing of the application. A Society is formed at both state and National Level. Minimum 7 members are needed in the formation of society for state level where in case of national level formation, minimum 8 members are required from different state each. For society registration in Delhi, one needs to supply one member from Delhi with Aadhar Card along with one address proof either electrical power expense or water costs of any authorized location in Delhi. Rest 8 members can be from any part of India on the condition that every member should be from separate state. At the time of registration, 2 photos and address evidences of all the members are required. Voter id card, ticket, driving license or aadhar card can be sent as an address proof. Further, at the time of society registration, 2 members are required for witness who should have aadhar card from Delhi. The Society can work in entire India. Normally, a member is not enabled to benefit or profit from his position unless the society document particularly allows for payments to the member for providing services. A member of society might be terminated from the society on fatality, composed resignation, unsound mind or if the member is found to be included in any anti social activities or has actually not attended 3 consecutive meetings of the Governing Body without information or if the member is requested to resign by two-third or as near thereto possible of the remaining governing body members. There is one member as the Management Member of the Society. A society can allow its beneficiaries to choose committee or committees from among themselves for the effective and smooth running of any certain branch of its activities. According the section 20 of the Societies Registration Act, 1860, the following societies can be registered under the Act: ‘charitable societies, military orphan funds or societies established at the several presidencies of India, societies established for the promotion of science, literature, or the fine arts, for instruction, the diffusion of useful knowledge, the diffusion of political education, the foundation or maintenance of libraries or reading rooms for general use among the members or open to the public, or public museums and galleries of paintings and other works of art, collection of natural history, mechanical and philosophical inventions, instruments or designs.’ The main motto of any society is the memorandum of association and rules and regulations (no stamp paper required), wherein the aims and objects and mode of management of the society should be enshrined. A Society needs a minimum of seven managing committee members; there is no upper limit to the number managing committee members. The Board of Management is in the form of governing body or council or a managing or executive committee. They can form guidelines and policies for that particular branch under the given conditions.
Sl.No. | Category of Society | No. of minimum membership | Minimum share capital to be raised (in Rs.) | Area of operation |
1. | Urban Bank | 3000 | 4 crores | N.C.T. of Delhi |
2. | Urban Credit Societies | |||
(a) Salary Earner T/C Society | 50 | 50000/- | Office/Establishment | |
(b) Urban credit (General) | 50 | Rs. Two Lakh | N.C.T. of Delhi | |
3. | Consumer Store | 100 | Rs. One Lakh | District |
4. | Industrial (P) Cooperative Society | 15 | Rs. One Lakh | District |
Handloom Coop. Indl Society | 15 | 25000/- | District | |
Leather Coop. Indl Society | 15 | 25000/- | District | |
Women Coop. Indl Society | 15 | 25000/- | District | |
Other weaker sections society | 15 | 25000/- | District | |
5. | Indl. Services society | 15 | 50000/- | District |
6. | Group Housing/ House Building Society | 60 | 60000/- | N.C.T. of Delhi |
7. | Agriculture service/credit society | 50 | 25000/- | Rural villages |
8. | Dairy, poultry, piggery society | 15 | 25000/- | Rural villages |
9. | Transport society | 15 | 1,50,000/- | N.C.T. of Delhi |
10. | Labour | 15 | 50,000/- | N.C.T. of Delhi |
11. | Security Service Society, tourism society, Health Care, Water Harvesting society, Environment Protection Society | 15 | 50000/- | N.C.T. of Delhi |
12. | Integrated Development Society | 15 | 50000/- | N.C.T. of Delhi |
13. | Multiporpose Society for slum dwellers | 30 | 3000/- | N.C.T. of Delhi |
We pride ourselves on offering expert advice to businesses of all sizes. Whether you’re a small startup or a large corporation, our team of professionals is dedicated to providing you with the knowledge and guidance you need to succeed. We understand that every business is unique, which is why we tailor our advice to meet your specific needs and goals. With our help, you can make informed decisions and confidently navigate the complexities of company governance and compliance. Trust us to be your partner in business success.