Corporate Social Responsibility obligations require companies meeting thresholds to comply with CSR rules and form governance committees. Companies meeting the threshold criteria in section 135(1) must comply with section 135 and the CSR Rules; this applies to every company including holding or subsidiary and foreign companies with branch or project offices, with foreign company financial metrics computed under the Act's accounting provisions. If a company has amounts in its Unspent CSR Account under section 135(6), it must constitute a CSR Committee and comply with the governance and compliance sub sections of section 135.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Corporate Social Responsibility obligations require companies meeting thresholds to comply with CSR rules and form governance committees.
Companies meeting the threshold criteria in section 135(1) must comply with section 135 and the CSR Rules; this applies to every company including holding or subsidiary and foreign companies with branch or project offices, with foreign company financial metrics computed under the Act's accounting provisions. If a company has amounts in its Unspent CSR Account under section 135(6), it must constitute a CSR Committee and comply with the governance and compliance sub sections of section 135.
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