You are a practising Company Secretary. One of your NPO client enquired with you for registration with Social Stock Exchange (SSE). Explain the minimum requirements to be met by this NPO for registration with SSE.

Not-for-Profit Organization (NPO) desirous of registration on Social Stock Exchange (SSE) in terms of Regulation 292F(I) of ICDR Regulations, shall fulfil the following criteria: Entities must be registered in India as one of the below: a charitable trust registered under the public trust statue of the relevant state; a charitable trust registered under the Societies Registration Act, 1860; a charitable trust registered under the Indian Trusts Act, 1882; a company incorporated under section 8 of the Companies Act, 2013. Registration certificate valid at least for next 12 months at the time of seeking registration with SSE. Disclose if NPO is owned and/or controlled by government or private. Registration Certificate under section 12A/12AA/12AB to be valid for at least the next 12 months. NPO should not have any notice or ongoing scrutiny by Income Tax. The entity should have a valid IT PAN. Entity to ensure valid Section 80G registration. Age of the NPO should be minimum 3 years. Annual spending in the past financial year should be at least ₹50 lacs. Funding in the past financial year should be at least ₹10 lacs.