A holder does no reasonable activity for how long, to attract s.14(1)(e)?
AFive consecutive years
BTwo consecutive years
CThree consecutive years
DOne consecutive year
Answer & Solution
Correct answer: B. Two consecutive years
Section 14(1)(e) applies where the holder has not been engaged in reasonable activity for two consecutive years or is defunct.
Keep practising Foreign Contribution Regulation Act 2010
Browse all Foreign Contribution Regulation Act 2010 questions for CA Final, or explore more Law topics.
Related questions
Which power may the Centre NOT delegate by notification under s.47?Which offence cannot be compounded under s.41(1)?Whose previous sanction is needed before a court takes cognizance (s.40)?For s.39, a firm or trade union is treated how?Under s.39(1), an officer of a company escapes liability if he proves what?What punishment does s.37 give for breaches with no separate penalty?Maximum imprisonment under s.35 for accepting foreign contribution in contravention of theMaximum jail term for knowingly giving false intimation under s.33?