Krupalu Heights, a gated community had more than 200 flats, with necessary amenities. However, the builder had moved out of the country without setting up any association or society to take care of the maintenance and am
CS Professional · CSR and Social Governance · PYQS · December 2025
Krupalu Heights, a gated community had more than 200 flats, with necessary amenities. However, the builder had moved out of the country without setting up any association or society to take care of the maintenance and amenities. To address this situation, the residents convened a meeting and decided to register a society or an Association, for managing the maintenance and amenities of the community. Mural, one of residents reached out to Kural, a Company Secretary and close friend, to help them understand the registration and reporting obligations of a society. With reference to Societies Registration Act, 1860, explain the reporting obligations of society.
Answer & Explanation:
A society is a nonprofit membership organization formed by seven or more members for a literary, scientific, or charitable purpose. The definition of "society" and the scope of its permissible purposes may vary somewhat based on the relevant state law, though most state laws are based on the Societies Registration Act of 1860. Section 20(1) of the Societies Registration Act provides that it applies to: "Charitable societies, the military orphan funds, 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, collections of natural history, mechanical and philosophical inventions, instruments, or designs." Reporting Obligations: List of governing body to be filed with the Registrar. Annual list of managing body to be filed once in every year, on or before the fourteenth day succeeding the day on which, according to the rules of the society, the annual general meeting of the society is held, or, if its rules do not provide for an annual general meeting, in the month of January, list shall be filed with the Registrar. The names, addresses and occupations of the governors, council, director, committee, or other governing body then entrusted with the management of the affairs of the society to be filed with the Registrar. Every registered non-profit Society is required to keep proper financial records and have them audited annually.
Topics: Societies Registration Act, 1860
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