Salient Features of Companies Bill, 2012 on CSR:
Lok Sabha on 18th December, 2012 passed Companies Bill, 2012.
Clause 135:
(1) Every company having net worth of rupees five hundred crore or more, or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during any financial year shall constitute a Corporate Social Responsibility Committee of the Board consisting of three or more directors, out of which at least one director shall be an inde
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