Dissolution of Society

Dissolution of Society

Dissolving a registered Society involves winding up its affairs and cancelling its registration under the Societies Registration Act, 1860 or the relevant state Act. The process requires a general body resolution with the requisite majority and formal filing with the Registrar of Societies.

Grounds for Dissolution

• Objectives of the society have been fulfilled or become impossible.
• Reduction in membership below the minimum prescribed limit.
• Mutual agreement of the majority of members to dissolve.
• Order by the Registrar of Societies or a court of competent jurisdiction.

Dissolution Process

1. Issue notice for a Special General Body Meeting (GBM) for dissolution.
2. Pass a resolution for dissolution at the GBM with at least 3/5 majority of members present.
3. Settle all outstanding liabilities, debts, and employee dues.
4. Transfer remaining assets to a similar charitable organization or state government as prescribed.
5. Submit dissolution application with the resolution to the Registrar of Societies.
6. Cancel GST, 12A, 80G, and FCRA registrations as applicable.
7. Close the society's bank accounts.
8. File final income tax return for the society.

Documents Required

• Dissolution resolution passed at the General Body Meeting.
• List of members who voted for dissolution.
• CA-certified statement of accounts showing nil assets and liabilities after settlement.
• Details of asset disposal or transfer to another organization.
• NOC from major creditors (if any).
• Bank account closure certificates.

Timeline

Approximately 30–60 working days.

Why Choose Tax Precision?

• Expert GBM notice drafting and dissolution resolution management.
• Asset transfer documentation and Charity Commissioner approval support.
• 12A, 80G, and FCRA deregistration management.
• Final ITR filing and Registrar of Societies dissolution filing.
• Complete deregistration across all government portals.