Transfer of unspent CSR amount requires companies to move remaining CSR funds to a Schedule VII fund until specified. Rule 10 requires that, until a fund is specified in Schedule VII for the purposes of section 135 sub sections, any unspent CSR amount shall be transferred by the company to a fund included in Schedule VII of the Act, serving as an interim compliance mechanism.
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Provisions expressly mentioned in the judgment/order text.
Transfer of unspent CSR amount requires companies to move remaining CSR funds to a Schedule VII fund until specified.
Rule 10 requires that, until a fund is specified in Schedule VII for the purposes of section 135 sub sections, any unspent CSR amount shall be transferred by the company to a fund included in Schedule VII of the Act, serving as an interim compliance mechanism.
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