(5)"Club" means a society of persons associated together for social intercourse, for the promotion of politics, sports, art, science, or literature or for any purpose except the acquisition of gain and whether the same be registered under the Companies Act, 1956, the Co-operative Societies Act, 1912 or under any Act relating to co-operative societies in force in any State, or the Societies Registration Act, 1860, or otherwise incorporated or not;
