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Articles Of Dissolution Nonprofit
"I need Articles of Dissolution Nonprofit for my educational charity in Lahore that has completed its 10-year mission of building 50 schools; we plan to dissolve by March 2025 and transfer remaining assets to three similar educational nonprofits."
1. Organization Identification: Full legal name of the nonprofit, registration number, and registered address
2. Resolution for Dissolution: Statement of the board's resolution to dissolve the organization, including date of resolution and voting results
3. Grounds for Dissolution: Clear statement of reasons for dissolution
4. Statement of No Debt: Declaration that all debts, liabilities, and obligations have been paid and discharged
5. Asset Distribution Plan: Detailed plan for distribution of remaining assets to qualified charitable organizations
6. Tax Compliance Statement: Declaration of compliance with tax regulations and settlement of tax liabilities
7. Board Authorization: Names and signatures of authorized board members approving the dissolution
8. Verification: Notarized statement verifying the accuracy of all information provided
1. Foreign Assets Declaration: Required if the organization holds assets outside Pakistan
2. Employee Settlement Statement: Required if the organization has employees, detailing settlement of all employment-related obligations
3. Intellectual Property Transfer: Required if the organization owns intellectual property that needs to be transferred
4. Government Grant Settlement: Required if the organization received government grants, detailing their settlement
5. Donor Notification: Required for organizations with major donors, detailing communication plan
6. Branch Closure Details: Required if the organization has multiple branches or offices
1. Schedule A - Asset Inventory: Detailed list of all assets owned by the organization
2. Schedule B - Recipient Organizations: List of qualified charitable organizations receiving distributed assets
3. Schedule C - Board Resolution: Copy of board meeting minutes approving dissolution
4. Schedule D - Financial Statement: Final financial statement showing organization's current financial position
5. Schedule E - Creditor Clearances: Copies of clearance certificates from creditors
6. Appendix 1 - SECP Submissions: Copies of all required SECP forms and submissions
7. Appendix 2 - Tax Clearance: Tax clearance certificates from relevant authorities
Authors
Healthcare
Education
Social Services
Environmental Conservation
Religious Organizations
Arts and Culture
Humanitarian Aid
Research and Development
Community Development
Poverty Alleviation
Child Welfare
Women's Rights
Disability Services
Animal Welfare
Sports and Recreation
Legal
Finance
Compliance
Board of Directors
Executive Leadership
Administrative
Human Resources
Operations
External Affairs
Audit
Chief Executive Officer
Executive Director
Board Chairperson
Legal Counsel
Chief Financial Officer
Company Secretary
Compliance Officer
External Auditor
Tax Consultant
Board Members
Operations Director
Program Manager
Finance Manager
Administrative Officer
HR Manager
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