A Non-profit making Company is a Company which:
(a) has in its objects the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object;
(b) intends to apply its profits, if any, or other income in promoting its objects; and
(c) intends to prohibit the payment of any dividend to its members.
The Societies Registration Act of 1860 is an all India Act but many States, while applying the Act to themselves have enacted their own Societies Registration Act. Hence, a Society can be registered either under the central Act i.e. Society Registration Act, 1860 or the respective State Act. The preamble of the Societies Registration Act, 1860 states that it is an Act for the registration of literary, scientific and charitable societies.
A society can be registered by minimum of seven individuals, for any literary, scientific, or charitable purpose science or fine arts or diffusion of useful knowledge and political education or charitable purposes, as specified in Section 2 as is described in section 20 of The Societies Registration Act, 1860.
Requirements for Society Registration
Cost of Service
Registration done within 15 to 20 days
Everything below is included: