Legal Question in Real Estate Law in India
Societies Registration Act
can Society be formed with profit motif by rendering consultancy service?
Asked on 7/07/08, 2:21 pm
1 Answer from Attorneys
Shrichand Nahar
S.V.Nahar, Advocate
Re: Societies Registration Act
You need to check local law governing societies.
However, considering the administrative and other hassles in managing a society and distribution of profits, it may not be a wise decision to do any profit earning business or profession under a Society.
Answered on 7/08/08, 2:34 am
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