Management of foreign contribution of person whose certificate has been cancelled or surrendered [ Section 15 ]

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Full Text of the Document

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....tion and assets created out of the foreign contribution in the custody of every person whose certificate has been cancelled under section 14 or surrendered under section 14A shall vest in such authority as may be prescribed. [ Section 15(1) of FCRA 2010 ] The Authority shall manage the activities as per directions of central government the assets will be returned to the person if subsequently reg....