Who can form a society?

Any seven persons who subscribe to a Memorandum of Association (MOA) can register a society. There is no restriction for maximum numbers.

Difference between Society, Trust & Section 8 Company

Comparison between Trust, Society & Section 8 Company

Description Trust Society Section 8 Company
Statute / Legislation State Trust Act. Societies Registration Act. Companies Act
Jurisdiction of the Act Concerned state where it is registered Concerned state where it is registered National
Authority Charity Commissioner Registrar of Societies Registrar of Companies
Registration As Trust As Society AOA & MOA
Stamp Duty Trust Deed to be executed on non-judicial stamp paper of prescribed value. No stamp paper required MOA (by law) and rules of regulations As per companies Act
Authority Charity Commissioner Registrar of Societies Registrar of Companies
Minimum Person Required Trustees Executive Committee Board of Directors / Management Committee
Mode of Succession of Board of Management By Appointment Elected by Members Elected by Members

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