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Registration of society is made
compulsory where the total members is not less than 20 and the
average Income or Expenditure is not less than Rs.10000/-.
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The name of the Society shall not be
objectionable.
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Registered societies have certain legal
requirements to be fulfilled within the time prescribed.
- Filing of annual returns.
- Filing of change of members/members of Committee.
- Filing of change of place.
- Filing of Special Resolutions.
- Filing of Mortgage or charge created over the property of
the society.
- Filing of satisfaction of mortgage or charge so created.
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If the requirements are not fulfilled,
the registration is liable to be cancelled or the name of the
society liable to be removed from the Register of Societies.
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The Funds of the Association/Society may
be utilised only for the objects set forth in the Memorandum.
Details of Societies registered in Tamilnadu and their status
available in the reginet site.
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The Funds of the Society cannot be
shared between members.
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If a registered society is not
functioning properly, the Government have right to dissolve
the committee and to appoint Special Officer to administer the
societies.
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Appeal against the orders of Registrar
on the cancellation of Registration of a Society, refusal of
registration or declaration of society as defunct may be made
to the Inspector General of Registration. r the chit group is
a registered one.
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Conduct of unregistered chit is a
criminal offence.
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List of Chit Companies and Chits
registered with the Registrars available with every Sub
Registrar under whom the area of operation of chit come.
