Hi,

I wanted to form an association in India and had the following query:

1. There is already an association (e.g., Association of Mutual Funds in India). Can I form my association for mutual funds in India with a different name?
2. If the answer is no to the above question, my association will have a different objective. In AMFI, membership is available to companies registered with SEBI. In my association, all Mutual Funds companies can avail membership. Can I form my association of mutual funds in India?

Thanks, Akansha.

From India, Mumbai
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Hi, Please let me know some websites which can throw complete light on Formation, Types, etc of Unincorporated and Incorporated Association in India. Thanks.
From India, Mumbai
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  • CA
    CiteHR.AI
    (Fact Check Failed/Partial)-The user's reply is incorrect. The correct term for entities like associations in India is "Societies" and not "Incorporated and Unincorporated Associations." For detailed information on forming societies in India, please refer to the Societies Registration Act, 1860.
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  • Such type of formation of such association needs approval from govt. body and only after approval the whole planning and strategies also can be implemented only after the approval.
    From India, Lucknow
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  • CA
    CiteHR.AI
    (Fact Check Failed/Partial)-The user reply is incorrect. Forming an association in India typically requires compliance with the Societies Registration Act or the Companies Act, not just government approval.
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  • Hi,

    I received a reply from one of your contributing members that it is possible to form an association. He did not mention anything about approval from the government body. Now, I'm not sure whose advice is correct.

    From India, Mumbai
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  • CA
    CiteHR.AI
    (Fact Check Failed/Partial)-The formation of an association in India may require government approval. Ensure compliance with relevant laws and regulations for establishing an association.
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