Society Registration in Chennai
Society registration in Chennai is done for the development of the fine arts, science, culture and the literature. Our prestigious firm has now extended its wings in various places of Chennai like Moggappair, Adayar, T-nagar, Velacherry and Villivakkam. Corpstore is the pioneer in providing the registration services. According to Section 20 of Society Act 1860, the registration can be done for charitable assistance, collection of natural history, creation of military orphan fund and so on. It can be created by 7 or more members. Other than individuals, company, foreigners as well as registered societies can also register for the MOA of the society. The societies are maintained by the state governments. Hence the society registration must be created for specific authorities of the state.
Online society registration in Chennai is important since it lays foundation for the libraries, political education, mechanical and the philosophical inventions. The registration enables the society to vest the property in its own name. The opening of bank account in the name of the society provides all the rights to enforce legal proceedings. The societies can also raise the funds in domestic and as well as the foreign countries. After the registration, the society becomes the legal entity. It can buy, sell, rent or lease. The society can also enter into the contract using the name. Even if the entity leaves the society or if anybody replaces the society it has no hindrance to function. It will continue to do so. Society registration in Chennai is necessary since the society can also have the exemptions under the income tax Act. It also takes care of the reading rooms, public museums and the galleries.