https://www.taxtmi.com/article/detailed?id=5230 The Bill requires qualifying companies to dedicate a portion of average profits to Corporate Social Responsibility, obliges noncompliant entities to provide explanations, and permits penalties for failure to comply. It further mandates establishment of special courts for corporate offences, enhances corporate governance transparency, clarifies criminal liability for auditors, and restricts the number of audit engagements an auditor may hold. en-us Sat, 10 Aug 2013 08:34:42 +0530 Sat, 10 Aug 2013 08:34:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5230 The Bill requires qualifying companies to dedicate a portion of average profits to Corporate Social Responsibility, obliges noncompliant entities to provide explanations, and permits penalties for failure to comply. It further mandates establishment of special courts for corporate offences, enhances corporate governance transparency, clarifies criminal liability for auditors, and restricts the number of audit engagements an auditor may hold. Articles Corporate Laws / IBC / SEBI Sat, 10 Aug 2013 08:34:42 +0530 https://www.taxtmi.com/article/detailed?id=5230