by Audit Analyst | Dec 8, 2025 | Society-Association-Club
1. Legal Basis and Applicability Societies registered under the Societies Registration Act, 1860 or relevant state laws are required to hold an Annual General Meeting (AGM). The requirement is often included in the bye-laws or rules and regulations of the society. The...
by Audit Analyst | Dec 8, 2025 | Society-Association-Club
1. Legal Permission under the Societies Registration Act Yes, a society can run religious institutions if its objectives include religious, spiritual, or cultural promotion. The Societies Registration Act, 1860 allows societies to be formed for purposes including...
by Audit Analyst | Dec 8, 2025 | Society-Association-Club
1. Meaning of a Defunct Society A defunct society is one that has ceased to carry out its objectives or operations over a continuous period. It may have stopped holding meetings, maintaining accounts, or engaging with members. Such societies often fail to comply with...
by Audit Analyst | Dec 8, 2025 | Society-Association-Club
Here is the detailed answer to “What is the punishment for fraudulent use of society funds?” with 5 numbered subtitles in bold font size 11, and clearly spaced bullet points under each subtitle, without any images, emojis, examples, or links. 1. Definition...
by Audit Analyst | Dec 8, 2025 | Society-Association-Club
1. Meaning and Role Honorary office bearers are individuals who hold key positions in a society or organization without receiving any salary or financial compensation They perform their duties as a matter of service, prestige, or goodwill These roles are often held by...