The corpus will be generated from the internal accruals of NCCAA. However, in future, if decision is taken to fund NCCAA through budgetary allocations, provisions of the Ministry of Finance (Department of Expenditure) O.M. No. 8 (4) E-Coord/84 dated 15.10.1984 or any future amendment from time to time will be made applicable to NCCAA. Also, provisions under Rule 229 (viii) of GFR 2017 and any instructions thereof will be suitably incorporated in the SoP.
The source of funds of NCCAA include, but are not limited to as follows: -
Funds for NCCAA will be received only at the NCCAA Head Office at Delhi. A separate account will be opened accordingly and duly audited from time to time.
All expenses incurred out of NCCAA funds shall be strictly in accordance with the annual budget duly approved by the Governing Council for the furtherance of the aims and objective of NCCAA. Any unforeseen expenditure considered expedient, but not budgeted, shall be subjected to the following financial limits: -
The projects which can be undertaken through NCCAA for any activity approved/ratified by Governing Council in furtherance of its goals and objectives will inter alia include:
The income and property of the NCCAA shall be applied solely towards the promotion of the objects set forth in the Memorandum of Association/Rules and Regulations of the NCCAA, and no part thereof shall be paid or transferred directly or indirectly to the member of NCCAA.
The Executive Committee shall make such arrangements as necessary for the proper keeping of books and accounts of NCCAA. Accounts shall be kept of all sums of money received and expended by NCCAA, and of the assets, credits and liabilities of NCCAA.
The financial year of NCCAA shall be from first day of April until the last day of March following.
The account of NCCAA will be opened in a Nationalized Bank, operated jointly by the Secretary and Treasurer.
Internal audit of accounts shall be carried out by an Audit Committee with representative of MoD (Fin) as Chairman and consisting of two or more life members, once every six months, under arrangements made by the Secretary. The nomination of life members carrying out internal audit will be approved by Executive Committee. The life members carrying out internal audit, will not be repeated in a period of five years.
Once every year the accounts of NCCAA shall be examined and the correctness of the Income and Expenditure account and Balance Sheet ascertained by an Auditor or Auditors duly appointed by the Executive Committee for the purpose.
The accounts of NCCAA along with the report of the auditors on approval of Governing Council shall be regularly published in the DGNCC Website in Alumni Column for the information of life members.
If the association needs to be dissolved, it shall be dissolved as per the provisions laid down under sections 13 and 14 of the Societies Registration Act of 1860 as applicable to Delhi.
Powers for making amendments in the aim and objectives of the association and Rules and Regulations of the association will be with that of the Governing Council and interpretation pertaining to rules of the association given by the Governing Council will be final and binding on all stakeholders.
Events such as Reunion, Seminar, etc will be organized at both National and State level as per yearly calendar approved by the Governing Council which will be published on DG NCC website. These may be attended by registered members of NCCAA on payment of prescribed fees. The attendance to the event will be voluntary. The arrangement of accommodation and transport will have to be done by members/attendees themselves unless otherwise specified.
The NCC Alumni Association will be registered as per ‘The Societies Registration Act 1860’.
Notwithstanding the provisions contained in the aforesaid articles, all the provisions under all the sections of the Societies Registration Act, 1860 (Act 21 of 1860) as applicable to the State of Delhi shall apply to NCC Alumni Association.
Any dispute arising shall be restricted within the jurisdiction of NCT of Delhi. Competent Courts in New Delhi will have non-exclusive jurisdiction to settle any dispute which may arise out of, under or in connection with the terms and conditions.
Certification that above is correct copy of Rules and Regulations of NCC Alumni Association.