Corporate social responsibility

Good Afternoon everyone,

I would request for clarification on following two points w.r.t CSR:

1. Can anybody else apart from Directors be a part of the CSR Committee in a Pvt. Ltd. Co.? For eg. 2 directors + CEO or Finance Manager or CS be a part of the Commitee along with the Directors?

2. What should be the effective date of Formation of CSR Committee? If a XYZ Pvt. Ltd. is crossing the net profit limit in the current financial year, then from when should the committee be formed? 

Any clarification for any of the above would be highly appreciated.

Thank You.