Centre to bring bill to control assets of lapsed FCRA entities
The government is introducing a bill to amend the FCRA, enabling the takeover of foreign-funded assets when an organization's registration is cancelled or lapses. These assets can be used for public purposes or transferred to government bodies. The bill also introduces a new section for registration cessation and reduces jail terms for FCRA violations to one year.
The government is introducing a bill to amend the FCRA, enabling the takeover of foreign-funded assets when an organization's registration is cancelled or lapses. These assets can be used for public purposes or transferred to government bodies. The bill also introduces a new section for registration cessation and reduces jail terms for FCRA violations to one year.
