sgtart up Process
B Guru Murthy
(Querist) 06 February 2011
This query is : Resolved
Dear Members,
We are a group of alternative law students(ADR)
We would like to open a foundation without grant of funds
Our function and object: Constitutional and Legal Awareness
We can Afford Time, Literacy, Post Box
Right now we cant afford office and registration later we would.
Kindly Inform/clarify, whether Office & Registration is necessary to start up a foundation for our type of show, that too without funds
Please ...
Advice us on this
O. Mahalakshmi
(Expert) 06 February 2011
Really Very good idea. But it is better to get register the firm. Then, it will be legally recognised.
Uma parameswaran
(Expert) 06 February 2011
If it is registered you will get legal support .
H.M.Patnaik
(Expert) 08 February 2011
A nobel effort indeed. Friends,as you have indicated , you intend to function as an informal group spreading awareness on law and constitutional rights. as of now you can launch a web -based service to cater to the above needs. However, in the long run, all your efforts will go unrecognised if you donot formalise the efforts made in this direct.So. In my opinion, right from the begining, You should go for registering a non-profit making organisation e.g. a society, Trust or N.G.O. , so that the honest and sincere efforts put in by your team members will get credence in the eyes of law.
B Guru Murthy
(Querist) 22 February 2011
Dear Ld Members,
Thanks for your valuable answers,
could you please be specific about society, Trust or N.G.O
thanks
Advocate. Arunagiri
(Expert) 22 February 2011
Register your foundation u/s society's act. The cost all inclusive will not exceed Rs.1000/-.
It is not mandatory to register your foundation.
But, by registering it, you will get the benefits of funding at a latter stage.
