India, Aug. 27 -- Only around 11% of Bihar's 44,000 registered charitable societies have complied with the state government's directive to submit their annual statements and balance sheets for the past five years, with just 5,000 meeting the deadline ahead of a looming risk of deregistration starting in September, officials said.

Initially, all registered societies were directed in February to submit their records by March 31, but the time frame was revised after requests from chartered accountants who argued that annual balance sheets are generally prepared around September for the previous financial year.

Under the Societies Registration Act, 1860, every charitable society is required to file its annual statement and balance sheet wit...