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India-Amendments to CSR Rules: A Game Changer
Tuesday, February 2, 2021
Targeted focus on creating ‘impact’ using CSR funds
Role of International organisations in planning and developing CSR Projects;
Mandatory registration of implementing agencies appointed by the company with Ministry of Corporate Affairs (MCA);
Introduction of Administrative overheads with prescribed 5% cap on such expenses;
Clarity regarding the scope of Corporate Social Responsibility and Role of CSR Committees;
Background 
Corporate Social Responsibility (“
CSR”) was for the first time introduced as a statutory obligation for companies by way of Companies Act 2013 under Section 135. Thereafter, the Companies (Corporate Social Responsibility Policy) Rules were notified on 27 ....

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