Legal & Compliance Information
Pratyay Livelihood and Wellness Foundation is a Section 8 Company incorporated under the Companies Act, 2013 on 21 February 2025, working towards inclusive livelihood, wellness, and community development.
- Legal Status: Section 8 Company (Non-Profit)
- Date of Incorporation: 21 February 2025
- Registered Office: 97/5, Basunagar, Padapan Enclave, G-3, Gate No: 1/A, Madhyamgram, Kolkata – 700129
- PAN: AAPCP4647J
- NGO DARPAN ID: WB/2025/0610367
- 12AB Registration: Applied
- 80G Registration: Applied
- CSR-1 Registration: In process
- FCRA Registration: Not applicable / Not registered
As a newly incorporated organization, statutory audit will be conducted after completion of the first financial year ending 31 March 2026, as per applicable laws.
Financial Transparency & Accountability
Pratyay Livelihood and Wellness Foundation follows sound financial management practices in compliance with the Companies Act, 2013.
As the organization was incorporated on 21 February 2025, the first statutoryaudit will be conducted after the close of the first financial year on 31 March 2026.
Interim financial statements, utilization summaries, and supporting documents are maintained and can be shared with donors and CSR partners upon request.
Bank account details and statutory documents are shared only during formal due-diligence processes.
Monitoring, Evaluation & Impact
Pratyay adopts a phased monitoring and evaluation approach, appropriate for early-stage organizations.
During the first year of operations, the focus is on output and outcome tracking, including beneficiary reach, activity documentation, and qualitative feedback.
Impact data is collected through attendance records, field reports, photographs, and beneficiary testimonials.
A detailed impact assessment will be undertaken after program stabilization and scale-up.
Program Disclaimer
Grace Cycle is currently being implemented as a pilot initiative. Program outcomes and learnings from the pilot phase will inform future scale-up and third-party impact assessment.