{"id":994,"date":"2017-09-09T12:39:37","date_gmt":"2017-09-09T12:39:37","guid":{"rendered":"http:\/\/brightoninternational.in\/teachclub\/?p=994"},"modified":"2022-09-05T10:22:56","modified_gmt":"2022-09-05T10:22:56","slug":"start-a-trust-society-section-8-company-for-school","status":"publish","type":"post","link":"https:\/\/brightoninternational.in\/teachclub\/start-a-trust-society-section-8-company-for-school\/","title":{"rendered":"Start a Trust \/ Society \/ Section 8 Company for School"},"content":{"rendered":"\n

If you are looking to start a School in India, the first and foremost<\/span> thing is to form a TRUST, SOCIETY or a SECTION 8 Company. The most important element which one should remember is the entity thus formed has to be Not-For-Profit and Non- Proprietary in nature<\/strong>. <\/p>\n\n\n\n

Whether you opening a CBSE School, ICSE School, State Board School, IB School or school catering to any board, any school teaching Class I and above has to have TRUST, SOCIETY or a SECTION 8 Company managing the school.<\/p>\n\n\n\n

So now there are couple of question which arises which we are seeking answers for;<\/p>\n\n\n\n

Question 1: Is this the only way to start a school in India? If so, why?<\/strong><\/p>\n\n\n\n

Question 2: <\/strong>What is the difference between TRUST, SOCIETY or a SECTION 8 Company?<\/p>\n\n\n\n

Question 3: Which one is better<\/strong> between TRUST, SOCIETY or a SECTION 8 Company? <\/p>\n\n\n\n

Question 4: How do you form a Society, Trust, Section – 8 company?<\/strong><\/p>\n\n\n\n

Question 4:<\/strong><\/strong> What is this “Non Proprietary” character ?<\/strong><\/p>\n\n\n\n

Question 1: Is this the only way to start a school in India? If so, why?<\/strong><\/p>\n\n\n\n

Answer: YES, this is the only way. You can either start a TRUST, SOCIETY or a SECTION 8 Company but mandatory requirement is it that they should be of Non for Profit and Non Proprietary Character. This is because government is very wary of some unethical private players posturing as educators and exploiting this basic need of every child. By laying this ground rule, Government tries to discourage these forces as much as possible. By making it Not for Profit, Government tries to rein in blatant commercialisation. <\/p>\n\n\n\n

Question 2: What is the difference between TRUST, SOCIETY or a SECTION 8 Company? <\/strong><\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

The above table shows the differences between the three but the aims of establishing any of these stays the same.<\/p>\n\n\n\n

Question 2: Which is better between the three – Society \/ Trust \/ Section 8 Company?<\/strong><\/p>\n\n\n\n

Of the three Section 8 is most preferred, here are the reasons <\/p>\n\n\n\n