Companies (CSR Policy) Amendment Rules, 2021

Companies (CSR Policy) Amendment Rules, 2021 The Ministry of Corporate Affairs has notified the Companies (CSR Policy) Amendment Rules, 2021 vide a notification dated 22nd January 2021, which seeks to amend the Companies (Corporate Social Responsibility Policy) Rules, 2014. As…

Clarification on CSR funds for COVID–19

Clarification on CSR funds for COVID–19 Considering the spread of novel Coronavirus (COVID-19) in India, the Ministry of Corporate Affairs (MCA) has announced that spending of corporate social responsibility funds (CSR funds) for COVID-19 is an eligible CSR activity of…

Penal Provisions for Defaults in CSR Compliance

Penal Provisions for Defaults in CSR Compliance Parliament recently approved and passed the Companies (Amendment) Bill, 2019, which was meant to amend the 2013 Companies Act. This Act comprised of a variety of provisions and guidelines, which included, among other…

CSR Amendments 2019

CSR Amendments 2019 Corporate Social Responsibility, or commonly referred to as CSR, is a way for corporate entities to give back to the society they are functioning in for the welfare of the same. In India, Corporate Social Responsibility was…

Corporate Social Responsibility under Companies Act

Corporate Social Responsibility under Companies Act Corporate Social Responsibility (CSR) assumes significance as it permits companies to engage in projects or programs related to activities related to social welfare and improvement enlisted under the terms of Companies Act, 2013. There…