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Stamp paper is not included with this agreement and is for illustration purposes only. If e -stamp is applicable in your city you can order it during checkout.
Stamp paper is not included with this agreement and is for illustration purposes only. If e -stamp is applicable in your city you can order it during checkout.
Guidelines for Drafting a Memorandum of Association with Regulations of a Society under the Societies Registration Act:
Purpose: This document is used when forming a society under the Societies Registration Act to outline the society's objectives, rules, and governing structure. Here's how to draft it:
Title and Parties: Begin with a clear title indicating it's a Memorandum of Association with Regulations. Identify the founding members and the society's name, registered office address, and jurisdiction.
Objective: Clearly define the society's objectives and goals, including its intended activities and the area of operation.
Membership: Detail the criteria for membership, rights, and responsibilities of members, and procedures for admission and termination of membership.
Management: Outline the structure of the governing body, its composition, powers, and responsibilities, including how office-bearers are elected or appointed.
Meetings: Specify the procedures for calling and conducting meetings, including the annual general meeting and any special meetings.
Finances: Describe how the society's funds and assets will be managed, audited, and utilized for achieving its objectives.
Common Mistakes to Avoid:
Unclear Objectives: Ensure the society's objectives are specific, relevant, and lawful.
Incomplete Regulations: Include all necessary regulations for the society's effective operation and governance.
Ambiguity: Avoid vague language or contradictory provisions that may lead to misunderstandings.
Non-Compliance: Follow local laws and regulations governing the formation and registration of societies under the Societies Registration Act.
Lack of Legal Review: Consult with legal experts experienced in society formation to ensure compliance with legal requirements.
A Memorandum of Association with Regulations is used when forming a society under the Societies Registration Act. Seek legal advice to draft the document accurately, as it is a foundational document that governs the society's activities, objectives, and governance structure.