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Jan 09, 2025 Circulars & Notifications Attachment Link
This issue explores the legal provisions and implications of suspension of registration certificate under Section 13 of the Foreign Contribution (Regulation) Act (FCRA) for a period of up to 180 days (which can extend up to additional 180 days). It provides a detailed explanation of the process and conditions under which the registration can be suspended including the restrictions imposed on receiving and utilizing foreign contributions.
The issue also clarifies what are the implications on assets during the suspension period. Judicial interpretations are explored as well, specifically focusing on the requirement of opportunity of being heard.
To gain a comprehensive understanding of these provisions and their impact, click here to read the full issue.