Society registration

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3 Points Posted on 04 February 2020
we have small society having 5 member..we want to open current account for the same for maintanace...but due to less than 10 member we cant registered as a society...what should we do..
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On 04 February 2020 at 00:12 Report
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Quick Summary
A small society with only five members is finding it difficult to open a current account for maintenance funds because they don't meet the minimum registration requirement of 10 members. They are seeking advice on how to proceed with opening a bank account or exploring other options available to them.

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CA
273 Points Posted on 04 February 2020
This (minimum 7 members) is the basic requirement. You cannot bypass it
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On 04 February 2020 at 07:57
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3 Points Posted on 04 February 2020
So how we can open a bank account on society name or any other option
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On 04 February 2020 at 08:26

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