Csr recomendary or mandetary

sagar (Deputy Manager) (77 Points)

23 August 2014  

Hi Everyone,

Pls Advise on the following:-

Suppose any company falls into any 1 criteria of out of 3 criteria for applicability of CSR provsion,then for that company CSR is recomendary or Mandatary?

If it is mandatary but company not take initiative for forming the commitee or spending of 2% amount then what shall be the consequenses?