project (magazine)

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Foreign cos are not bound to do CSR in India,
Amarchand & Mangaldas, a leading law firm, has stated "foreign companies’ are not bound to undertake corporate social responsibility (CSR) activity in India", on grounds of "inconsistency between the rules and the main statute", as well as Section 135 only applying to domestic companies. These claims are supported by another chartered accountancy firm stating "Companies Act talks only about Indian companies when it came to CSR." A recent development (16/9) this will be interesting to monitor...
Faqir-Chand Book Store, Delhi, India
Faqir-Chand Book Store|Delhi|India One of the oldest bookstore's of India.