Extension of time for furnishing comments for consideration of High Level Committee on corporate on corporate social responsibility-2018
The Ministry of Corporate Affairs (MCA) has constituted a High Level Committee on Corporate Social Responsibility-2018 (HLC-2018) to review the existing framework and guide and formulate a coherent policy on Corporate Social Responsibility (CSR).
3. All stakeholders are requested to furnish comments/suggestions through mails only on the following e-mail id:
Email: [email protected]
4. The time period for receiving comments has been extended.
|Section 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 immediately preceding 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 in dependent director.||
Section 135 (1)
|Provided that where a company is not required to appoint an independent director under sub-section (4) of section 149, it shall have||