Rule 6 CSR Policy [Omitted]
- Chapter
- II · CSR Obligations
1Rule 6 (CSR Policy), which required the CSR Policy to list the projects or programmes a company planned to undertake in the areas or subjects specified in Schedule VII, their implementation schedules and monitoring process, and to specify that CSR surplus does not form part of business profit, omitted by G.S.R. 40(E), dated 22nd January, 2021 (Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021), w.e.f. 22nd January, 2021.6. * * * * *
1. Rule 6 (CSR PolicyDefined in rule 2(f): CSR Policy means a statement containing the approach and direction given by the board of a company, taking into account the recommendations of its CSR Committee, and includes guiding principles for selection, implementation and monitoring of activities as well as formulation of the annual action plan), which required the CSR PolicyDefined in rule 2(f): CSR Policy means a statement containing the approach and direction given by the board of a company, taking into account the recommendations of its CSR Committee, and includes guiding principles for selection, implementation and monitoring of activities as well as formulation of the annual action plan to list the projects or programmes a company planned to undertake in the areas or subjects specified in Schedule VII, their implementation schedules and monitoring process, and to specify that CSR surplus does not form part of business profit, omitted by G.S.R. 40(E), dated 22nd January, 2021 (Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021), w.e.f. 22nd January, 2021.