Societies - unincorporated associations, Business Law and Ethics

Societies - Unincorporated Associations

However these types of associations are registered under the Societies Act 1968.  Section 2(1) of the Act justify a society very broadly like including any club or partnership, company or  other association regards ten or more persons, corporation, trade union, other than a registered company, co-operative society or bank, registered school or partnership of more than twenty persons.  Like a condition of such societies that are political associations such like K.A.N.U., welfare societies and football clubs.

Even though registration under the Act does not confer corporate personality on the association then it provides a legal framework for proper and correct management of what is colloquially identify the association's affairs and the machinery to bringing those affairs to an orderly end.

Posted Date: 1/22/2013 12:50:45 AM | Location : United States







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