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7th April 2016, 01:59 PM
Super Moderator
 
Join Date: May 2012
Re: Starting an NGO in India

Hello, here I am providing you the details of the procedure of starting the NGO in India as under:

Starting a NGO:

A public charitable trust can be started in India when there is involvement of a certain type of property such as a building or land. These organizations can normally be opened as per the specific Trust Act applicable in the state where the trust will be based.

Legislation:
Section-8 companies are registered under section 8 of Indian Companies Act 2013 (old section-25 of the Indian Companies Act, 1956).

Main Instrument:
For a section-8 company, the main instrument is a Memorandum and articles of association (no stamp paper required)

Board Members:
A section-8 Company needs a minimum of three members; there is no upper limit to the number of members. The Board of Management is in the form of a Board of directors or managing committee.

Application for Registration:
a) 3 typewritten or printed copies of the articles of association and memorandum of the prospective company. These should be properly signed by the promoters with their complete name, occupation and address details

b) A declaration by a chartered accountant or an advocate that the articles of association and the memorandum have been created in accordance with the Act’s rules and requirements concerning matters such as registration

c) Three copies of a list that has the promoters’ names, work details, and addresses. If the promoter is a firm, then these details of every partner should be provided. Similar details of the prospective board of directors, promoters, and partners have to be provided.

d) A statement of total assets, along with the approximate worth, and debts owed by the association as applicable on the date of association or 7 days after the same

e) A statement of expected yearly earnings and expenses of the company-to-be. The sources of income and areas of expenses need to be specified as well.

f) A statement that provides a short description of the previous accomplishments of the promoters and the work they aim to do following registration as per Section 25

g) A statement on the reasons for making the application

h) A declaration by every applicant stating their perfect mental health, absence of criminal records and court cases and suitability as a director as per Companies Act 1956’s Section 203


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