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 ... Summary
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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