Start learning 50% faster. Sign in now
The CSR provisions are covered under Section 135 and Schedule VII of the Companies Act, 2013. As per the provisions of this section, a Company having Net worth of · Rs.500 crore or more, or · Turnover of Rs.1000 crore or more or · net profit of Rs.5 crore or more in previous financial year, should: · Constitute a CSR Committee (consisting of 3 or more directors of which at least 1 is independent director) and · spend at least 2% of the average net profits of three immediately preceding years on CSR activities (companies which spend any amount in excess of their CSR obligation in a financial year can set off the excess amount towards their CSR obligations in subsequent financial years).
Is a written contract compulsory to be made for a lease?
Section 118 of Chhattisgarh land revenue code related to:
According to the given definition, who is considered an "adult" under the Occupational Safety, Health and Working Conditions Code?
A transfer Rs. 500 to his niece C if she will desert her husband. The transfer is
A party can claim compensation for any loss or damage caused to him, by breach of contract, which____________________
What is the validity period of Shelf Prospectus?
In which of the following cases it was held that the witness is not bound by the statement made before the relevant authority?
Who bears the burden of proof in a legal proceeding when establishing the existence of facts?
Compensation under MV Act adjudged by which authority?
What is the penalty for alteration, destruction, etc., of records and failure to protect the electronic database of Board?