The Entire Corporate India Woke Up To The Morning Of 19th December 2012 With A Fresh Breeze, New Hopes And Exciting Challenges. With Just Two Days Left For The Much Hyped Armageddon Of 21st December 2012 When The World Was Supposed To End As Per A Famous Prediction, The Lok Sabha Passed The Much Awaited Companies Bill, 2012 Which Marks The Dawn Of A New Era, An Era Of Progressive Thinking, Greater Investor Democracy And Higher Corporate Growth With Higher Responsibility.
The Companies Bill, 2012 Is All Set To Replace The 55 Year Old Companies Act Of 1956 Which Has Been The Single Most Important Legislation For All Incorporated Companies In India And Bread And Butter For Many Professionals.
In This Write Up We Have Made A Modest Attempt To Bring Out The Major And Key Changes To Be Introduced By The Companies Bill Of 2012.
To Read more Download the Write up in PDF Format
(Written by S.Dhanapal, Senior Partner, S Dhanapal & Associates, A firm of Practising Company Secretaries, Chennai.)
Could you please clarify the criteria set for CSR activities.
The below mentioned writeup says that the net worth should be Rs 500 Cr or
more while the mails shared by you earlier (on 21st Dec-12) had this
mentioned as Rs 5000 Cr or more.
Which one is correct ?