Applicability of CSR committee
Lalit Shantilal (artical) (27 Points)
09 March 2024
Do we need to create a CSR committee if, as per Section 198, the CSR spend is less than 10 lakhs?
Lalit Shantilal (artical) (27 Points)
09 March 2024
nidhigoel89
(Company Secretary )
(594 Points)
Replied 20 March 2024
The function of the CSR committee may be executed by the Board of Directors of the Company, in case the CSR Contribution is Rs. 50 lac or more for a year. Ref. clause: Sec 139(9) of the Companies Act, 2013
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