Clarification with regard to provisions of CSR

General Circular No. 36/2014

F. No. 05/01/2014-CSR

Government of India

Ministry of Corporate Affairs

5^th Floor, ‘A’ Wing

Shastri Bhawan, Dr. R.P. Road,

New Delhi-110001

Dated: 17.09.2014

Subject:  Clarification with regard to provisions of Corporate Social Responsibility (CSR) under section 135 of the Companies Act, 2013.

Sir,

In continuation of the General Circular No. 21 of 2014 dated 18.06.2014, the following clarifications are hereby issued:

(i) Rule 4(6) of the Companies (Corporate Social Responsibility Policy) Rules, 2014 as notified on 27.02.2014 has been amended by notification dated 12.09.2014; and

(ii) Consequently, clarification (iv) in General Circular No. 21 of 2014 dated 18.06.2014, stands omitted.

2.  This issues with the approval of Competent Authority.

(Seema Rath)

Assistant Director (CSR)

Tel: 011-23384657