Querist :
Anonymous
(Querist) 25 July 2019
This query is : Resolved
We have formed the society as on 05/05/2019, later we bought a stamp paper 01 Jul 12019 and registered the association as TN societies registration rule 1978. While we have initiated the account number creation in Bank , the legal team raised query on formation date is earlier than stamp paper .
Can you please advise is there any legal problem on the same , if yes please advise the solution
SHIRISH PAWAR, 7738990900
(Expert) 25 July 2019
You can show the society registration certificate and give resolution to bank for opening account.
kavksatyanarayana
(Expert) 25 July 2019
Ji, Actually the objection of the legal team of the bank is correct. But the society is registered and issued the certificate by Registrar Office then there is no problem as it was registered without observing the date of purchase of Stamp paper.
H.M.Patnaik
(Expert) 26 July 2019
For all legal purpose, the date of formation of the society will be the date of registration as mentioned in the Certificate of registration granted by the statutory authority. Hope, this clears your doubt.
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