Approval under section 35(1)(ii) grants association status but requires separate research accounts, annual returns, audited accounts, and renewal. Approval under section 35(1)(ii) recognises Escorts Heart Institute and Research Centre as an 'Association' for the specified period, subject to maintaining a separate research account, filing annual returns of research activities by 31 May, submitting audited accounts and balance-sheet with prescribed authorities and tax offices by 30 June, and applying for approval extension before expiry to avoid rejection.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii) grants association status but requires separate research accounts, annual returns, audited accounts, and renewal.
Approval under section 35(1)(ii) recognises Escorts Heart Institute and Research Centre as an "Association" for the specified period, subject to maintaining a separate research account, filing annual returns of research activities by 31 May, submitting audited accounts and balance-sheet with prescribed authorities and tax offices by 30 June, and applying for approval extension before expiry to avoid rejection.
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