Foreign contribution instalment release requires prior permission details, utilisation disclosure, and certified proof of seventy-five per cent use. Application for release of the second or subsequent instalment of foreign contribution under prior permission requires disclosure of identity particulars, prior permission details, instalment history, utilisation of foreign contribution, assets created, and any violations or changes in office bearers or key functionaries. The applicant must certify that not less than seventy-five per cent of the previous instalment has been utilised and that the next instalment will be used only for the permitted purpose. Supporting documents include a Chartered Accountant-certified utilisation statement, bank statements, and a brief utilisation report.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign contribution instalment release requires prior permission details, utilisation disclosure, and certified proof of seventy-five per cent use.
Application for release of the second or subsequent instalment of foreign contribution under prior permission requires disclosure of identity particulars, prior permission details, instalment history, utilisation of foreign contribution, assets created, and any violations or changes in office bearers or key functionaries. The applicant must certify that not less than seventy-five per cent of the previous instalment has been utilised and that the next instalment will be used only for the permitted purpose. Supporting documents include a Chartered Accountant-certified utilisation statement, bank statements, and a brief utilisation report.
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