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NATIONAL INSTITUTE OF FASHION TECHNOLOGY (A statutory body governed by the GIFT Act 2006 and set up by the Ministry of Textile, Govt. of India) INVITING TENDER (TWO BID) FOR PROCUREMENT OF 10 AVA
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01
Start by gathering all the necessary information related to the statutory body you are filling out, such as its name, purpose, objectives, and functions.
02
Identify the governing laws and regulations that apply to the statutory body and familiarize yourself with their requirements and guidelines.
03
Begin by providing the basic details of the statutory body, such as its name, contact information, and legal status.
04
Clearly specify the objectives and functions of the statutory body, outlining its purpose and what it aims to achieve.
05
Include information about the structure and composition of the governing body, including the names and backgrounds of the members.
06
Outline the decision-making processes and procedures within the statutory body, including how meetings are conducted and how decisions are reached.
07
Ensure that all the required documentation and supporting materials are attached, such as bylaws, policies, and financial records.
08
Review and proofread the completed statutory body governance document to ensure accuracy and coherence.
09
Submit the filled-out statutory body governance document to the appropriate authorities for approval and legal recognition.
10
Keep a copy of the filled-out document for future reference and make sure to update it regularly as the statutory body evolves.

Who needs a statutory body governed?

01
Various organizations and entities may need a statutory body governed, including:
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- Government agencies and departments that oversee specific sectors or industries.
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- Non-profit organizations and charitable foundations that require a formal governance structure.
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- Professional associations or regulatory bodies that are responsible for governing and regulating a particular profession.
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- Educational institutions, such as universities and colleges, that have their governance bodies.
06
- Corporations or businesses that choose to establish a separate governing body for specific purposes, such as compliance.
07
- Trade unions or labor organizations that need a governing body to represent and protect the interests of their members.
08
- Research institutes or think tanks that require a governance structure to ensure proper management and decision-making.
09
- Public or private entities involved in public service or infrastructure development that need a formal governance framework.
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A statutory body governed is an organization or entity that is established by government legislation and operates according to specific laws and regulations.
The individuals or entities responsible for the management and operation of the statutory body are required to file reports and documentation as required by law.
To fill out a statutory body governed, one must gather all necessary information and documentation, complete all required forms accurately, and submit them to the designated governing authority within the specified deadline.
The purpose of a statutory body governed is to regulate and oversee the activities of organizations or entities that have been established by law, ensuring compliance with legal requirements and promoting accountability and transparency.
The information that must be reported on a statutory body governed typically includes financial statements, governance structure, activities and achievements, and any other information required by law or regulations.
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