CSR eligibility expands to cover subscription to zero coupon zero principal instruments on the Social Stock Exchange. The Companies Act, 2013 Schedule VII is amended to insert a new CSR item permitting subscription to zero coupon zero principal instruments on the Social Stock Exchange. The amendment takes effect from the date of publication in the Official Gazette and expands the list of eligible CSR activities by expressly recognising this instrument as a covered item under Schedule VII.
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.
CSR eligibility expands to cover subscription to zero coupon zero principal instruments on the Social Stock Exchange.
The Companies Act, 2013 Schedule VII is amended to insert a new CSR item permitting subscription to zero coupon zero principal instruments on the Social Stock Exchange. The amendment takes effect from the date of publication in the Official Gazette and expands the list of eligible CSR activities by expressly recognising this instrument as a covered item under Schedule VII.
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