https://www.taxtmi.com/news?id=22651 Sanction for prosecution has been granted for violations of Corporate Social Responsibility provisions while all CSR offences are compoundable; compounding applications have been filed and some cases compounded. Action is initiated under the Companies Act after examination of records and due process. CSR is board-driven, with the Board empowered to plan and monitor activities on CSR Committee recommendation. Schedule VII lists permissible activities and CSR compliance is disclosure-based, requiring annual filing in the MCA21 registry; policy recommendations from a High-Level Committee are under consideration. en-us Mon, 16 Mar 2020 17:22:15 +0530 Mon, 16 Mar 2020 17:22:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22651 Sanction for prosecution has been granted for violations of Corporate Social Responsibility provisions while all CSR offences are compoundable; compounding applications have been filed and some cases compounded. Action is initiated under the Companies Act after examination of records and due process. CSR is board-driven, with the Board empowered to plan and monitor activities on CSR Committee recommendation. Schedule VII lists permissible activities and CSR compliance is disclosure-based, requiring annual filing in the MCA21 registry; policy recommendations from a High-Level Committee are under consideration. News - Mon, 16 Mar 2020 17:22:15 +0530 https://www.taxtmi.com/news?id=22651