Learn about Society Certificate in India, an essential document for registered societies. Get an overview of the simple procedure to obtain the certificate from the Registrar of Societies.
Society Certificate is an official document that certifies the existence of a society registered under the provisions of the Societies Registration Act 1860. It is also known as a ‘Certificate of Registration of Society’ and is an important document for any society that wishes to operate in India. The certificate of society serves as proof of the existence of the society and its official status.
The certificate of society is a mandatory requirement for forming a society in India. The certificate of society is granted after the Registrar of Societies reviews the application and the required documents submitted by the society. Once the certificate of society is granted, the society is considered as a legal entity, and it can start operating and carrying out its activities.
In this article, we will discuss the significance of the certificate of society, its importance, and the procedure for obtaining it.
Why is this Certificate Important?
Society Regsitration Certificate is a crucial document that serves as legal proof of the existence of the society. It is essential for obtaining various licenses, permits, and bank accounts that are necessary for the smooth functioning of society. Additionally, the certificate of society also helps to protect the interests of members, secure their rights and obligations, and ensure that society operates in compliance with the laws and regulations. The various important aspects are mentioned below.
I. Legal Standing
This Certificate gives society a legal standing and recognition in the eyes of the law. The certificate acts as proof of the society’s registration under the Societies Registration Act, 1860, and its registration with the Registrar of Societies in the respective state. This certificate enables society to take legal action against anyone who infringes on its rights or violates its bylaws.
II. Banking Operations
This Certificate is also necessary for opening a bank account in the society’s name. Banks require this document as proof of the society’s existence and its registration with the Registrar of Societies. The certificate also acts as a means of identification for the society and helps to secure the transactions made through its bank account.
III. Tax Exemptions
This Certificate also significantly provides tax exemptions and benefits under various laws such as the Income Tax Act 1961, and the Goods and Services Tax (GST) Act 2017. The certificate acts as proof of the society’s registration and its compliance with the provisions of the law. This enables the society to avail tax exemptions and receive grants and donations from the government or other organisations.
Procedure for Obtaining this Certificate
The procedure for obtaining this Certificate is straightforward, and the following steps must be followed:
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Formation of the Society
The first step in obtaining a this Certificate is to form a society. A society must have at least seven members and a written Constitution that outlines the society’s objectives, bylaws, and rules.
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Filing of Application
The next step is to file an application for the society’s registration with the Registrar of Societies in the state where the society is located. The application must be accompanied by the Constitution of the society and a list of its members and office bearers.
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Inspection of Premises
The Registrar of Societies may inspect the premises to verify its existence and activities. The inspection may be carried out at any time, and the society must be ready to furnish any information or documents requested by the Registrar.
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Approval of Application
Upon successful inspection completion, the Registrar of Societies will approve the application and issue the Certificate. The certificate will be sent to the society by post, and it must be kept safely as it is an important document required for various purposes.
Conclusion
Obtaining this Certificate is a straightforward process that involves the formation of the society, applying with the Registrar of Societies, conducting an inspection of the society’s premises, and obtaining approval.
The members must ensure that it is obtained in a timely manner, enabling the society to operate smoothly and fulfil its objectives. The certificate must be kept safely, as it is an important document for various purposes.
In conclusion, it is a crucial document for any society operating in India, and its importance cannot be overstated. It acts as legal proof of the society’s existence, its registration with the Registrar of Societies, and its compliance with the laws and regulations. The certificate of society is essential for the smooth functioning of society and for the protection of the interests of its members.
Vakilsearch can provide comprehensive support throughout the society certificate registration process, ensuring compliance with legal and regulatory requirements and helping clients achieve their goals using Society Number.
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