Committee to review the enforcement of CSR provisions
April 14 , 2018 2335 days 941 0
The Ministry of Corporate Affairs (MCA) has constituted 12-member committee to review enforcement of Corporate Social Responsibility (CSR) provisions under Companies Act, 2013.
It will be headed by Regional Director (Western Region) Manmohan Juneja.
Besides, there will be two sub-committees viz. legal and technical that will go into various aspects in relation to compliance with CSR provisions.
Under Companies Act, 2013, certain class of profitable companies (entities) are required to shell out at least 2% of their three-year annual average net profit towards CSR activities.