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the Societal Context, there are three sectors. The
first sector being the ‘government’,
second sector being the ‘market’ and the
voluntary sector constitutes the ‘Third Sector’.
It is an independent sector playing an important role
outside
the realm of government and private business, though
there is interdependence amongst the three of them. |
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The
sector is vibrant and dynamic because of the broad range
of activities and functions it undertakes and the impact
it makes on the Society. In order to carry out the functions
effectively and efficiently it is important that the
legal environment in which the voluntary organizations
operate is congenial and enabling for the development. |
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The Voluntary Organisations take various forms such as that of a Trust or a Society or a Company. There are number of aspects in each form like the formation, management,functioning etc. To cover each aspect there are laws
which require mandatory compliance. For ensuring the compliance to these laws, it is required for the Non profit organizations to have in-depth knowledge of various applicable laws and their related provisions. The site focuses specifically on various laws applicable to the Non-Profit Organizations and is regularly updated with the latest amendments. |
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