Section 14A Surrender of certificate
- Chapter
- III · Registration
- Amendments
- 1
Section 14A inserted by Foreign Contribution (Regulation) Amendment Act, 2020, s. 9, dated 28th September, 2020, with effect from 29 September 2020On a request being made in this behalf, the Central Government may permit any personDefined in section 2(m): person includes— (i) an individual; (ii) a Hindu undivided family; (iii) an association; (iv) a company registered under section 25 of the Companies Act, 1956 (1 of 1956) to surrender the certificateDefined in section 2(e): certificate means certificate of registration granted under sub section (3) of section 12 granted under this Act, if, after making such inquiry as it deems fit, it is satisfied that such personDefined in section 2(m): person includes— (i) an individual; (ii) a Hindu undivided family; (iii) an association; (iv) a company registered under section 25 of the Companies Act, 1956 (1 of 1956) has not contravened any of the provisions of this Act, and the management of foreign contributionDefined in section 2(h): foreign contribution means the donation, delivery or transfer made by any foreign source,— (i) of any article, not being an article given to a person as a gift for his personal use, if the market value, in India, of such article, on the date of such gift, is not more than such sum as may be specified from time to ... and asset, if any, created out of such contribution has been vested in the authority as provided in sub-section (1) of section 15.