HKC is a charitable trust whose aim is to fulfill the same objectives for which His Divine Grace A.C. Bhaktivedanta Swami Prabhupada founded ISKCON. It is registered under IT act 12 AA (order number 24/3-09-10/2009-10/48) All Donation are exempted under IT act of 80G.The trust deed was executed as per DOM (refer to www.ISKCON-DOM.com for detail information on DOM) which was given by His Divine Grace A C Bhaktivedanta Swami Prabhupada as the final document to run his society ISKCON.
According to our trust deed each center will have three office bearers- President, Secretory and treasurer. The full time dedicated devotees will be called as general members of each center. There will be general election after every three years in which all the general members will vote and office bearers of each center will be re-elected. GBC will be elected from the body of temple presidents and every 3 years the GBC will be re-elected. There are many other clauses like this which are inbuilt in the legal trust deed of HKC which are all according to DOM.
The following clause is also inbuilt in the trust deed of HKC:
“This trust shall be dissolved and merged with ISKCON whenever ISKCON starts following the ritvik system and the ‘Direction of Management’ given by His Divine Grace A.C. Bhakivedanta Swami Prabhupada, who is the Founder & Acharya of ISKCON. Ritvik system of initiation is mentioned in a letter dated 9th July 1977 and ‘DOM’ is mentioned in a document signed by Srila Prabhupada himself in 1970."