Corpus Donation
This query is : Resolved
17 January 2022
whether a Trust Can get Corpus Doantion from the Donor with the condition that the corpus donation amount is kept in a seperate account and the same may be used to lend loan to the Self help groups with nominal interest?
Now amended provsion say corpurs donation needs to be invested as specified in 11(5)?
Now amended provsion say corpurs donation needs to be invested as specified in 11(5)?
17 January 2022
Yes, such corpus donation can be accepted. Only the unutilised corpus donation to be invested as specified in a separate account.
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