Apex Court dismisses plea to transfer of funds from PM CARES to NDRF to fight COVID-19

COMPANY LAW/DISASTER MANAGEMENT ACT: NDRF a statutory fund is amenable to audit by Comptroller & Auditor General of India, whereas PM CARES Fund is a public charitable trust constituted after outbreak of COVID-19, hence nature of both being entirely different, no direction could be given to transfer funds collected in PM CARES Fund to NDRFCOMPANY LAW/DISASTER MANAGEMENT ACT: NDRF a statutory fund is amenable to audit by Comptroller & Auditor General of India, whereas PM CARES Fund is a public charitable trust constituted after outbreak of COVID-19, hence nature of both being entirely different, no direction could be given to transfer funds collected in PM CARES Fund to NDRFwww.taxmann.com Latest Case LawsRead More

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