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Companies Law - Highlights / Catch Notes

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Constitution of CSR committee for the Board - as per the ...


Company Must Form CSR Committee as Profits Exceed Rs. 5 Crore u/s 135(1) of Companies Act.

July 31, 2019

Case Laws     Companies Law     AT

Constitution of CSR committee for the Board - as per the appellant’s own calculation the net profit is apparently more than ₹ 5 crores i.e. threshold limited prescribed u/s 135(1) - the company was liable to constitute Corporate Social Responsibility Committee of the Board

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