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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Foreign Contribution Regulation Act: Key Rules for Managing Organizational Assets After Certificate Cancellation or Surrender</h1> A statutory provision under the Foreign Contribution (Regulation) Act addressing management of foreign contributions when an organization's certificate is cancelled or surrendered. The provision mandates that foreign contributions and associated assets vest with a prescribed authority. This authority can manage organizational activities, utilize contributions, or dispose of assets if adequate funds are unavailable. If the organization is subsequently re-registered, the contributions and assets will be returned.
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