12 AB Hearing

This query is : Resolved

AUDITORS EDAPPAL (Querist)
Follow

20 August 2023 We had registered for 12AB Registration in connection with which we were called for hearing by issuing hearing notice seeking to explain whether constitution of our institution provide certain claus ,the hearing notice specified that"If yes,please quote the relevent clauses of the constitution/trust/memorandum of Association/Bye laws of the institution .If no ,please cure the above defects and file the relevent document on or before the date of hearing." please let us know how to cure the defects and what has to be done for it.

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
Follow

06 July 2024 To address the issues raised in the hearing notice regarding your institution’s 12AB registration application, follow these steps to potentially cure the defects:

Steps to Cure Defects in 12AB Registration Application:

1. Review the Hearing Notice:
• Carefully read the hearing notice to understand the specific defects or requirements mentioned by the authorities.
2. Identify Defects:
• Identify which clauses or provisions in your institution’s constitution, trust deed, memorandum of association (MOA), or bylaws need clarification or amendment as per the notice.
3. Amend or Provide Clarifications:
• If the notice specifies missing clauses or incorrect provisions:
• a. Amend the Documents: Update your institution’s constitution, trust deed, MOA, or bylaws to include the required clauses or provisions, if applicable.
• b. Provide Clarifications: If the defects are related to interpretation or understanding of existing clauses, provide detailed explanations or clarifications.
4. Document Preparation:
• Prepare the amended or supplementary documents clearly showing the changes or additions made to address the defects mentioned in the hearing notice.
5. Submission:
• Submit the amended or supplementary documents along with a cover letter or response to the hearing notice. Ensure all required documents are properly signed, stamped, and dated.
6. Compliance with Timeline:
• Submit the documents on or before the date specified in the hearing notice to comply with the regulatory requirements.
7. Follow-Up:
• After submission, follow up with the concerned authority or department to ensure that your submissions are received and processed accordingly.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now