The High Court of Punjab and Haryana has come to a critical verdict regarding the accumulation of account done by the specific society. The honourable courts have mentioned that if the threshold of the amount accumulation surpassed 15% figure, then it should utilize for a particular purpose rather than future aim or objects.
Significantly, this verdict has rolled out in the context of Maharaja Ranjit Singh War Museum Society, Ludhiana, which is accredited by the Government of Punjab.