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We are a group of entrepreneurs based out of Bengaluru, with a plan to start an NGO. Regarding the same I have a couple of questions:
1. To register an NGO can major students be the council members to govern that functioning
2. Is it mandatory that accounts is to be maintained by auditor only or any of our members or a student doing or have done b.com/m.phil?
3. Is it necessary that it must be working always?
4.Can we have our own rules and regulations to proceed this organization?
5. Can the name our organization be of any format or is there any conditions if so what?
6. What do we mean by fund rising not the meaning but an explanation?
7. Can the office be a home a member, if not what could be the alternative? please help us as soon as possible?
Answers to your questions regarding running an NGO are as follows:
- Yes, anyone can start and manage an NGO, including students.
- If you register your NGO under the Companies Act, only a Chartered Accountant can be your Auditor. A member of your governing body cannot be your Auditor.
- If your NGO is registered as a Tr...
Wazzeer Professional Network
ProfessionalWe are a group of entrepreneurs based out of Bengaluru, with a plan to start an NGO. Regarding the same I have a couple of questions: 1. To register an NGO can major students be the council members to govern that functioning 2. Is it mandatory that accounts is to be maintained by auditor only or any of our members or a student doing or have done b.com/m.phil? 3. Is it necessary that it must be working always? 4.Can we have our own rules and regulations to proceed this organization? 5. Can the name our organization be of any format or is there any conditions if so what? 6. What do we mean by fund rising not the meaning but an explanation? 7. Can the office be a home a member, if not what could be the alternative? please help us as soon as possible?
-
Wazzeer Professional Network
ProfessionalAnswers to your questions regarding running an NGO are as follows:
- Yes, anyone can start and manage an NGO, including students.
- If you register your NGO under the Companies Act, only a Chartered Accountant can be your Auditor. A member of your governing body cannot be your Auditor.
- If your NGO is registered as a Trust, and it becomes inactive, the Charity Commissioner may take steps to revive the trust. But otherwise, there is no such rule that an NGO must always be active.
- Yes, in fact, you are supposed to draft your own Bylaws (Rules/Regulation/Working pattern/Objectives, etc.).
- The name of your NGO should not be same or similar to any existing name with the Registrar. The name should include words like ‘Foundation/Association/Federation/Council, etc.’ but should not use the words ‘Pvt. Ltd. or Ltd.”
- To run your NGO and fulfill the purpose for which you have established it, you will need funds. The basic source would be internal, i.e., money donated by the members themselves. For other sources, you need to come up with a Fundraising Plan. You can apply for Government funding schemes, funding organizations, donations from the public, CSR by companies, etc.
Your registered office can be a members house, provide it is not against the rules of the residential society /association of where he/she lives.
We at Wazzeer have helped businesses in various sectors start smoothly without hassle. We would be very excited to help you kick your business and thereafter too. So let’s connect -> "Get Started!"
almost 5 years ago
View answer
We are a group of entrepreneurs based out of Bengaluru, with a plan to start an NGO. Regarding the same I have a couple of questions: 1. To register an NGO can major students be the council members to govern that functioning 2. Is it mandatory that accounts is to be maintained by auditor only or any of our members or a student doing or have done b.com/m.phil? 3. Is it necessary that it must be working always? 4.Can we have our own rules and regulations to proceed this organization? 5. Can the name our organization be of any format or is there any conditions if so what? 6. What do we mean by fund rising not the meaning but an explanation? 7. Can the office be a home a member, if not what could be the alternative? please help us as soon as possible?
-
Wazzeer Professional Network
ProfessionalAnswers to your questions regarding running an NGO are as follows:
- Yes, anyone can start and manage an NGO, including students.
- If you register your NGO under the Companies Act, only a Chartered Accountant can be your Auditor. A member of your governing body cannot be your Auditor.
- If your NGO is registered as a Trust, and it becomes inactive, the Charity Commissioner may take steps to revive the trust. But otherwise, there is no such rule that an NGO must always be active.
- Yes, in fact, you are supposed to draft your own Bylaws (Rules/Regulation/Working pattern/Objectives, etc.).
- The name of your NGO should not be same or similar to any existing name with the Registrar. The name should include words like ‘Foundation/Association/Federation/Council, etc.’ but should not use the words ‘Pvt. Ltd. or Ltd.”
- To run your NGO and fulfill the purpose for which you have established it, you will need funds. The basic source would be internal, i.e., money donated by the members themselves. For other sources, you need to come up with a Fundraising Plan. You can apply for Government funding schemes, funding organizations, donations from the public, CSR by companies, etc.
Your registered office can be a members house, provide it is not against the rules of the residential society /association of where he/she lives.
We at Wazzeer have helped businesses in various sectors start smoothly without hassle. We would be very excited to help you kick your business and thereafter too. So let’s connect -> "Get Started!"
almost 5 years ago
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