Abstract
CSR allocation has been declared mandatory from discretionary effective from accounting year 2020-21. These rules came into operation from 22nd January 2021. From 1st April 2021 organisations undertaking CSR endeavors are compelled to file with the Central government an electronic form namely CSR-1 to obtain Unique registration number. From 1 April 2021 it is indispensable for all organisations to enlist itself with the ROC by inscribing the e form CSR-1 and in case anyone fails to do so shall not be entitled to continue as an implementing enterprise. The modifications are in assent with suggestions made by MCA. This paper attempts to deal with the new amendments introduced under The Companies Amendment Act of 2020 and how far it attempts to simplify the existing problem of CSR allocation.
Recommended Citation
kakkad, Ujwal
(2024)
"CSR AMENDMENT 2021- BOON OR BANE?,"
American Journal of Business and Management Research (AJBMR): Vol. 2:
Iss.
2, Article 3.
Available at:
https://research.smartsociety.org/ajbmr/vol2/iss2/3