Corporate Social Responsibility (“CSR”) was for the first time introduced as a statutory obligation for companies by way of Companies Act 2013 und...er Section 135. Thereafter, the Companies (Corporate Social Responsibility Policy) Rules were notified on 27th February 2014 (“CSR Policy Rules, 2014”) to lay down the specifications and procedure to be followed by the companies while discharging their CSR obligations. We are organizing an insight into recent amendments to CSR Provisions by Mr. Nabin Ballodia, Partner at KPMG. Among his specialities is regulatory aspects around Corporate Social Regulations in India.
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