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RWAs warned of deregistration over audit non-compliance

Residents’ welfare associations (RWAs) in Gurugram are at risk of deregistration and penalties for failing to submit their mandatory annual audit reports on time. Authorities have stressed the importance of timely audit submissions to maintain registration and avoid fines.

Key Highlights:

  • RWAs in Gurugram risk deregistration for late audit submissions.
  • Non-compliance may result in penalties for associations.
  • Annual audits are mandatory for maintaining RWA registration.
  • Authorities urge swift submission of audit reports to avoid penalties.

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