Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

Difference between society, trust & ngo.

620 views 2 replies

Aakash

Article Asstt.

26 Points Posted on 28 October 2016

One of my client wants to start an Old Age Home in his own property. What would be more beneficial for him i.e. Whether he incorporate a Society, Trust or NGO? And what is the procedure for registration under the same? Btw wats the major diffeerence between all of them? Which would be more beneficial for the client in view of procedural aspects?

Replies (2)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

211789 Points Posted on 29 October 2016

Generally, Trust is preferred. Trust is a legal arrangement in which a person holds property for the sake of some other person. Society is an association of person, who come together to fulfill any particular purpose, described under the act.

For more details read: 1. https://www.nonprofitngo.com/indian-ngo/formation-of-nonprofit-ngo/

2. https://keydifferences.com/difference-between-trust-and-society.H T M L

Durgesh Mourya

219 Points Posted on 04 August 2019

It is a different name of Same God.

Practically there is no Big Difference between Society, Trust & NGO.

But in Document there are some difference. Trust has Trust Deed, Society is having Society Bye Laws, NGO is well documented Organisation. Example:- There are NGOs like BCCI to Patanjali.