Surrender of FCRA Registration

Surrender of FCRA Registration

Under the  FCRA Act, 2010 there is no provision for surrender of FCRA certificate.However, the Amended FCRA Act 2020, prescribes that the FCRA registered organizations would now have the option to voluntarily surrender their registration. It is also to be noted that such surrender can be done only after MHA is satisfied that there has been no contravention of the FCRA provisions by the said organization.

On surrendering the FCRA registration, assets created out of the foreign contributions and management of the unutilized foreign contribution shall be vested with the authority prescribed by government in this regard.

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