A society is a structured group of persons whose supreme aim is not to earn the profit and serving the society. Under the Societies Registration Act, 1860, a society is registered for becoming a legal entity. A society prevail for the cause of promoting the charitable activities like sports, cultures, religion, education, arts, and poverty relief.
The governing members of the body of a society are assigned with the management of the society affairs. The duties of members of the general body includes modification of objects and name, regulations and rules, and the election of the governing body members, if necessary.
Societies Registration Act, 1860
The Societies Registration Act, 1860 was established with the intention of enhancing the legal conditions of the registration of societies for promotion of fine arts, science and literature or for diffusion of important knowledge for charitable causes. Most of the State Governments has adopted the Societies Registration Act, 1860 without/with further changes.
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Reason of Society Registration
A society can be established for the promotion of fine arts, science or literature or the useful knowledge diffusion, or for charitable causes or political education. According to the Section 20 of the Societies Act, 1860, a society can be registered for following causes:
Maintenance or foundation of reading rooms or libraries.
Maintenance or foundation of galleries or public museum
Diffusion or instruction or promotion of useful knowledge
Political Education Diffusion
Charitable assistance grant
Military Orphan Funds creation.
Fine Arts promotion
Apart from the above causes as per the Societies Act, 1860, a society can also be register for various causes based on the modifications that has been approved for the Societies Act, 1860, by the State Government concerned.
Independent judicial persons
Income tax exemptions
Can buy property