NISM 23 - Social Impact Assessors Certification Exam Notes
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Legal Structures: Non-profit social enterprises in India can be registered as Trusts, Societies, or Section 8 Companies under the Companies Act, 2013.
Trust Deed: Trusts require a Trust Deed as their constitutional document, outlining objectives and operational guidelines.
Memorandum of Association: Societies and Section 8 Companies use a Memorandum of Association (MOA) and Articles of Association (AOA) to define their structure.
Social Interventions: Social enterprises address underserved populations through interventions like healthcare, education, and financial inclusion.
Stakeholders: Stakeholders include direct beneficiaries, customers, employees, government, and local communities, as per Freeman’s 1984 definition.
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