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    <title>2018 (7) TMI 2027 - NATIONAL COMPANY LAW TRIBUNAL, CHENNAI</title>
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    <description>The Tribunal held that the Private Limited Company must comply with Corporate Social Responsibility (CSR) provisions under Section 135 of the Companies Act, 2013 for the financial year 2014-15. The Company&#039;s argument that its profit after tax exempted it from CSR requirements was rejected. The Tribunal directed the Company to adhere to CSR spending obligations based on its net profit before tax for the preceding financial year and to disclose CSR Committee and Policy information. The Company was allowed to revise its financial statements for FY 2014-15 to include CSR details.</description>
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    <pubDate>Fri, 20 Jul 2018 00:00:00 +0530</pubDate>
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      <description>The Tribunal held that the Private Limited Company must comply with Corporate Social Responsibility (CSR) provisions under Section 135 of the Companies Act, 2013 for the financial year 2014-15. The Company&#039;s argument that its profit after tax exempted it from CSR requirements was rejected. The Tribunal directed the Company to adhere to CSR spending obligations based on its net profit before tax for the preceding financial year and to disclose CSR Committee and Policy information. The Company was allowed to revise its financial statements for FY 2014-15 to include CSR details.</description>
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