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    <title>Application for seeking permission for transfer of foreign contribution to other un- registered persons - See rule 24 (1) - Foreign Contribution (Regulation) Rules, 2011</title>
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    <description>Form FC-5 governs applications for permission to transfer foreign contribution to an unregistered person. The transferor must provide its authorisation details, recipient particulars, proposed transfer amount and purpose, and the recipient&#039;s exclusive FCRA-designated bank account details. The transferor must declare that the proposed annual transfer remains within the prescribed limit and that no amount will be transferred before approval. Both transferor and recipient are responsible for proper utilisation and must report the transfer in Form FC-4 returns.</description>
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    <pubDate>Sat, 14 May 2011 14:57:00 +0530</pubDate>
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      <title>Application for seeking permission for transfer of foreign contribution to other un- registered persons - See rule 24 (1) - Foreign Contribution (Regulation) Rules, 2011</title>
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      <description>Form FC-5 governs applications for permission to transfer foreign contribution to an unregistered person. The transferor must provide its authorisation details, recipient particulars, proposed transfer amount and purpose, and the recipient&#039;s exclusive FCRA-designated bank account details. The transferor must declare that the proposed annual transfer remains within the prescribed limit and that no amount will be transferred before approval. Both transferor and recipient are responsible for proper utilisation and must report the transfer in Form FC-4 returns.</description>
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