199 companies face penalty for non-compliance of CSR norms

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....99 companies face penalty for non-compliance of CSR norms <br>News and Press Release<br>Dated:- 6-3-2018<br><BR>The Government has accorded permission for initiating penal action against 199 companies....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... for non-compliance of provisions of section 135 read with section 134 (3) (o) of the Act. This was stated by Shri P.P. Chaudhary, Minister of State for Corporate Affairs and Law & Justice in the Rajy....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....a Sabha today. The Government has no proposal to review the state of implementation of the provisions of the existing Act related to Corporate Social Responsibility. Whenever violation of Corporate S....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ocial Responsibility (CSR) provisions is found, action under section 134 (8) of the Companies Act, 2013 (the 'Act') is initiated.<BR> News - Press release - PIB....