[Inpycon] Registering society (Was: Re: FOSS PyCon)

[Kenneth Gonsalves]

On Wednesday 14 Oct 2009 12:31:14 pm Sreekanth S Rameshaiah wrote:
> Trusts are easy to setup. Societies have higher complexity. Section 25 co.
> have highest operating overhead of all ( but also most transparent ).

not so - you can do practically anything with a section 25 co. The problem 
with trusts is that one needs trustees - and trustees have too much power. 
Very often absolute power and are very difficult to unseat. Societies have some 
mandated annual elections and a lot of transparency. As long as the bye laws 
are framed carefully, hostile takeovers or people clinging to power are rare.
-- 
regards
Kenneth Gonsalves
Senior Project Officer
NRC-FOSS
http://nrcfosshelpline.in/web/