Law and Practice Relating to Corporate Social Responsibility

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Description
The importance of inclusive and sustainable growth is widely realized as an essential part of the growth for any Country which was also recognized in India's quest for development. In line with this national endeavour, Corporate Social Responsibility was visualized as an mechanism for integrating social, environmental and human development concerns in the entire value chain of corporate business and the provisions of Corporate Social Responsibility (CSR) were inserted under the Companies Act, 2013 effecting from 1st April, 2014. As a first step towards CSR with an aim to integrate the concept of conducting business in a Responsible manner and to include the society in the growth trajectory, Ministry of Corporate Affairs (MCA) had issued Voluntary Guidelines on Corporate Social Responsibility in the year 2009. This was subsequently refined, as National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business in the year 2011.
After its introduction in the year 2014, the provisions of CSR went into major overhaul many times and during recent past few years the Government is more inclined towards mandatory compliance to achieve the purpose of legislation as it is directly aligned with national priorities such as public health, education, livelihood, water conservation, natural resource management, etc.
CSR awareness and CSR consciousness has grown significantly among large and medium sized companies, which now look at CSR as a tool to build a strategic combination with the community and environment in which they operate for a sustainable and inclusive growth. On the other hand it gave an opportunity to the corporate sector to contribute in the sustainable growth of the Country.
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Table of Contents
Chapter 1
➤ Corporate Social Responsibility - An Introduction And Overview
Chapter 2➤ Corporate Social Responsibility Under Companies Act, 2013
Chapter 3➤ Applicability Of Corporate Social Responsibility
Chapter 4➤ Actions Required Upon Applicability Of Csr Provisions
Chapter 5➤ Duties Of The Board Of Directors Under The Csr Rules
Chapter 6➤ Csr Committee
CHAPTER 7➤  ANALYSIS OF APPLICABILITY UNDER SECTION 135(1)
CHAPTER 8➤  CSR POLICY
CHAPTER 9➤ ANNUAL ACTION PLAN
CHAPTER 10➤ CORPORATE SOCIAL RESPONSIBILITY (CSR)ACTIVITIES
CHAPTER 11➤ IMPLEMENTATION OF CSR THROUGH IMPLEMENTING AGENCIES
CHAPTER 12➤ REGISTRATION WITH CENTRAL GOVERNMENT FORM CSR-1
CHAPTER 13➤  CSR REPORTING
CHAPTER 14➤ ANNUAL REPORT ON CSR
CHAPTER 15➤ FORM CSR-2
CHAPTER 16➤ ONGOING PROJECTS
CHAPTER 17➤  ACTIVITIES COVERED UNDER SCHEDULE VII
CHAPTER 18➤ IMPACT ASSESSMENT
CHAPTER 19➤ CONSEQUENCES OF DEFAULT - PENALTIES
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Author Details
Ankur Srivastava is B.Com, FCS and a Company Secretary and is working with manufacturing industry since more than 15 years. He has vast experience in the field of Corporate Laws, SEBI related compliances, Stock Exchange related compliances and dealing with RoC and Ministry of Corporate Affairs matters. He has edited various articles, journals, editorials, and also nomi- nated on various expert committees for advising on the matters of Corporate Laws. He is a regular contributor of articles on various corporate matters in newspapers and professional journals and speaker on the Company Law matters. He was the Chairman of the Kanpur Chapter of NIRC of Institute of Company Secretaries of India. Ankur being the key editor of this book ensures that the contents of the book will give a 360 degree analysis to the reader so that the reader will be able to completely understand the laws and practices related to the topic covered by the book.
CS Shruti Srivastava is B.Com, FCS and a Company Secretary by profes- sion. She is having more than 15 years of rich experience in the Corporate Law matters. Shruti has considerable expertise and rich hands on the Cor- porate Laws, Corporate Secretarial Practices and Board Procedures. She is also actively acting as a Corporate Lawyer in the National Company Law Tribunals. She is the founder of CS Firm Shruti Agarwal & Associates and Law firm SSAS & Associates LLP. She is actively serving many Corporates and has played active and major role by sharing her views derived from her rich experience to add value to the contents of the book for the benefit of the readers. CSR sancious ter
Her team of SSAS & Associates also played pivotal role in giving final shape to the contents of this book.
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