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We are pleased to announce that we are now registered at Varanasi as IT-BHU GLOBAL ALUMNI ASSOCIATION (INDIA). It has been registered as a charitable society under SOCIETIES REGISTRATION ACT, 1860. Registration letter (V-38298 dated May 12) was received from the Registrar of Societies, Uttar Pradesh (Varanasi Office).

 

 (Copy of Registration Certificate for IT-BHU Global Alumni Association (India)

IT BHU Global Alumni Association (India) has its registered office at IT-BHU, Varanasi.

The initial list of governing body of the organization is as follows:

1) Chairman- Prof. S. N. Upadhyay, Director of IT-BHU, Varanasi

2) Secretary- Prof. Pankaj Chandra (Mining 1983), Director, IIM-Bangalore

3) Treasurer- Nihal Ansari (Mechanical 1982), New Delhi

4) Member-Sanjay Garg, Haryana

5) Member-Shushant Kumar Panda, Mumbai

6) Member-Pratap Mohan, Ahmedabad

7) Member-Madhu Ranjan Kumar, Patna

It is a National Level body whose governing body has to represent at least 7 States to conform to the law of the land. More governing members shall be added later by way of nominations as well as elections. Director of IT-BHU will always be the Chairman of this body.

 Two bank accounts have also been opened with a bank in Varanasi, one for the domestic funds utilization/management & second (FCNR) for foreign fund utilization/management.

 This body has a proper office in the campus, will coordinate all alumni activities in the campus as well as provide support to other IT-BHU alumni bodies. At present the office is near the electronics dept. entrance.

This body will obtain income tax exemption 12A for all income/contributions to this body. This body will also obtain Income Tax approval 80G for exemption of all donations made i.e. amount donated will be tax exempted in the hand of donors. This process would take another 1-2 months.

 This body will also obtain Home Ministry approvals as per Foreign Contribution Regulation Act (FCRA) for acceptance of foreign funds collected by our counterpart alumni association i.e.  IT-BHU Global Alumni Association incorporated in New Jersey, USA. It will be open for foreign fund deposits ONLY on specific ‘Prior Approvals’ from Home Ministry of India.

We appreciate the efforts made by Prof. S. N. Upadhyay, Nihal Ansari, Madhu Ranjan Kumar, Prof. Pankaj Chandra and others to establish our presence in India as a separate organization. This is required as per law to channelize alumni donations from abroad to India. This will also help us in executing alumni funded projects on campus. Both the organizations (in India and in USA) are legally independent but will co-ordinate with each other by appointing representatives from each other in their governing bodies. The registering of IBGAA (India) will help us launch massive alumni funded projects in near future.

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Document Links:

1) Memorandum of Association of IT-BHU global Alumni Association (India)

Memorandum of Association-IBGAA (India).pdf

2) Societies Registration Act, 1960 (part 21 of 1860) SGA.pdf

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