Nabhi's Formation & Management of a Society
Synopsis
The book explains various aspects of formation and management of every kind of society with the help of decided legal case and with reference to State laws and other relevant literature. Emphasis has been laid in this work to make it a self manual for societies formation and management in general. Relevant aspects on formation of a society and its management thereafter, have been explained in lucid and understandable language and in as little words as possible. The book contains guidance for drafting of memorandum and bye laws of the society, procedure for its registration, formats of important resolutions, status, rights, and liabilities of members, working and management of the societies including duties of governing body, accounts, audit and litigation. Procedure relating to alternation of name, and liabilities of members, working and management of the societies including duties of governing body, accounts, audit and litigation. Procedure relating to alternation of name, objects and bye laws of a society and those relating to division, amalgamation and dissolution of a society have been explained in separate chapter. Powers and duties of the Registrar have also been dealt with separately. The chapter on ‘Offences and Penalties’, covers all offences cognizable under the various State enactments. Besides, a separate chapter has been devoted to Registration of a Society as a non-profit company. The chapter on ‘Taxation of Societies’ has been revised, incorporating up to date changes made by the Finance (No, 2) Bill, 2004 and explaining the entire discussion with the help of useful illustrations. The chapter on ‘Acceptance of Foreign Contribution and Hospitality’ gives complete information, with procedure and formalities to be followed for obtaining foreign grants. This book has also been devoted to the formation of non profit companies to opt and incorporate the type of organization they want.
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