This issue of Standard and Norms discusses the process of surrendering the FCRA (Foreign Contribution Regulation Act) registration and the management of assets created from foreign contributions. It highlights Section 14A of the FCRA, 2010, which outlines the framework for voluntarily surrendering the certificate of registration, along with Rule 15A of FCRR, 2011, detailing the application process. The article also covers the inquiry process conducted by the Central Government and the transfer of foreign contributions and assets to a designated authority under Section 15 of the FCRA, 2010.
For detailed analysis of the above, please read the full issue.
Download.png)