Society Members change approval notice received from MHA. Does it have to be shared with SBI, New Delhi branch where FCRA account is opened? If yes then please elaborate procedure. (Clarification: No change in FCRA signatories).
Yes, the approval of Form FC 6E by MHA is to be submitted to SBI NDMB (FCRA branch).
-If the change means change in signatories in FCRA account, necessary formalities and KYC will have to be done to enable the new signatory to operate the account.
-if the change does not change signatories in FCRA account, the approval of 6E will be required during KYC updation by SBI, so better do the KYC updation now.
-please update the Board list with the recant change on NGO Darpan also because SBI will reconcile the Board list with what is contained in Darpna.
CS Sharad Bhargava