NGO under the scanner of Lokpal Act - Interesting update!
Lokpal Act Amended | Deadline For NGO Office Bearers To Declare Assets Deferred Khaitan & Co prev next India August 1 2016 The Lokpal and Lokayuktas Act, 2013 (Act) which required public servants to declare their assets and liabilities by 31 July 2016 has been amended. Indian industry was taken aback when the definition of ‘public servant’ covered officers of entities receiving government funds and not-for-profit entities receiving foreign contribution exceeding INR 1,000,000 within its scope. After several representations made by numerous non-governmental organisations (NGOs), the government has deferred the deadline for such disclosure until the rules regarding form and manner of the declaration are notified by the central government. Background Prior to the notification of the Lokpal and Lokayuktas (Amendment) Act, 2016 (Amendment Act), the Act required a ‘public servant’ to make a declaration of his assets and liabilities along with simi...