NGO Regulatory Authority in india
In India, Non Government Organization or Non Profit Organization can be registered under any legal entity. Mainly following entities are prevails in India –
- Proprietary Concern
- Partnership Firm
- HUF
- Company
- Association of Persons, which includes – Trust, Society, Union, Institute etc…
NGO Regulatory Authority in India
For NGO or NPO, mainly three separate entity status possible, either registered as company, trust or society. These three have their own benefit and disadvantages. Different legal status regulated by different legal acts and laws in India. Lets look at the various NGO regulatory authority in India :
Legal Status | Act Aply | Remarks |
Company | NGO can be registered as company under Section 8 of The Companies Act, 2013 | Earlier it was Section 25 of The Companies Act, 1956 |
Trust | NGO can be registered as trust under Indian Trust Act, 1882 | However, every state has its own Trust Act. Like in Maharshtra and Gujarat, The Bombay Public Trust Act, 1950 |
Society | NGO can be registered as Society under The Societies Registration Act, 1860 | However, every state has its own Act. Like in Gujarat, The Gujarat Co-operative Societies Act, 1962 |
Summary
Once NGO is registered under any of the above statute, there are number of other registration has to be taken depending on the need and requirements, e.g Sec 12A exemption, 80G certificate, FCRA registration, 35AC exemption registration and so forth.
Hope this will help you in your NGO, if you have any question, you can ask here or chat with us. Also your comments are welcome on the above subjects.
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