CS- PROFESSIONAL- SECRETARIAL AUDIT, COMPLIANCE MANAGEMENT AND DUE DILIGENCE CHAPTER 1- SECRETARIAL AUDIT AND SECRETARIAL STANDARDS

Size: px
Start display at page:

Download "CS- PROFESSIONAL- SECRETARIAL AUDIT, COMPLIANCE MANAGEMENT AND DUE DILIGENCE CHAPTER 1- SECRETARIAL AUDIT AND SECRETARIAL STANDARDS"

Transcription

1 CS- PROFESSIONAL- SECRETARIAL AUDIT, COMPLIANCE MANAGEMENT AND DUE DILIGENCE CHAPTER 1- SECRETARIAL AUDIT AND SECRETARIAL STANDARDS BACKGROUND AND CONCEPT Secretarial Audit is a process to check compliance with the provisions of various laws and rules/regulations/procedures, maintenance of books, records by professional to ensure that the company has complied with the legal and procedural requirements and also followed due processes. It is essentially a mechanism to monitor compliance with the requirements of stated laws and processes. A Company Secretary in Practice has been assigned the role of Secretarial Auditor in section 2(2)(c)(v) of The Company Secretaries Act 1980, which is the only statute in the country, carving out Secretarial Audit as an area of practice. The Ministry of Corporate Affairs has already released Corporate Governance Voluntary Guidelines, 2009 from the year The preamble to Guidelines states that These guidelines provide for a set of good practices which may be voluntarily adopted by the Public companies. Private companies, particularly the bigger ones, may also like to adopt these guidelines. SECRETARIAL AUDIT UNDER COMPANIES ACT, 2013 As per Sub-Section 204(1) of the Companies Act, 2013 every listed company and a company belonging to other class of companies as may be prescribed shall annex with its Board s report made in terms of sub-section (3) of section 134, a secretarial audit report, given by a company secretary in practice, in such form as may be prescribed. Rule 9 of The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 prescribes the other class of companies as under: a) Every public company having a paid-up share capital of 50 crore rupees or more; or b) Every public company having a turnover of 250 crore rupees or more. Further the said rules provided format and the Company is required to submit Secretarial Audit Report under Annexure A in form MR. 3. NEED FOR SECRETARIAL AUDIT 1. Complexity of laws- There are various laws i.e. Company Law, Competition Law, Economic Laws, Securities and Capital Market Laws, Consumer Protection Laws, Industrial and Labour laws, Pollution Control Laws, Foreign Exchange Legislation, 1

2 etc. which implementation is required thoroughly audit to check their compliances otherwise would be resulted in various punitive actions. 2. Mismanagement and misuse of public funds by several companies. 3. Ensure effective enforcement of laws and to avoid violations of statutory compliances. Clause 49 Sub-clause I(C) (iii) of the Listing Agreementsays that The Board shall periodically review compliance reports of all laws applicable to the company, prepared by the company as well as steps taken by the company to rectify instances of non-compliances. Therefore, all listed companies required a system for reporting to the Board compliances with laws applicable to them. Hence, a Legal Compliance Reporting System is necessary. 4. Effective tool to boost confidence amongst Directors, Promoters and Key Managerial Personnel. 5. Hence, Secretarial Audit is an effective tool for corporate compliance management. It helps ensure timely corrective measures when non-compliance is detected. BENEFICIARIES 1. Promoters Affairs of the Company regulated in accordance with requirements of laws. 2. Management/KMP Perform the delegated duties and responsibility competently, effectively and efficiently. 3. Directors/Non-executive directors Directors not in-charge of the day-to-day management of the company are not likely to be exposed to penal or other liability on account of non-compliance with law. 4. Government authorities/regulators Reduce the burden of the law-enforcement authorities and enhance governance and level of compliance. 5. Investors Reliability that the company affairs are conducted according to the applicable legal compliances 6. Other Stakeholders Financial Institutions, Banks, Creditors and Consumers are enabled to measure the law abiding nature of Company management. SCOPE OF SECRETARIAL AUDIT The scope of reporting is very broad and the Company Secretary in practice has to ensure compliances of following statutory provisions in addition to Secretarial standards issued by The Institute of Company secretaries of India. 1. The Companies Act, 2013 and rules made thereunder 2. Listing Agreement 2

3 3. The Securities Contracts (Regulation) Act, 1956 ( SCRA ) and the rules made thereunder; 4. The Depositories Act, 1996 and the Regulations and Bye-laws framed thereunder; 5. Foreign Exchange Management Act, 1999 and the rules and regulations made thereunder to the extent of Foreign Direct Investment, Overseas Direct Investment and External Commercial Borrowings; 6. The following Regulations and Guidelines prescribed under the Securities and Exchange Board of India Act, 1992 ( SEBI Act ): I. The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011; II. The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992; III. The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009; IV. The Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999; V. The Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008; VI. The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 regarding the Companies Act and dealing with client; VII. The Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009; and VIII. The Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998; 7. Any other laws as may be applicable specifically to the company. PROCESS TO THE SECRETARIAL AUDIT 1. Appointment of Secretarial Auditor The appointment and remuneration of Secretarial Auditor decided in the meeting of the Board of Directors of the Company- Rule 8 of the Companies (Meetings of Board and its Powers) Rules, 2014 read with section 179 of the Companies Act, Communication to earlier incumbent Whenever a new Secretarial Auditor is appointed in place of the existing Secretarial Auditor, he/she should communicate the appointment to the earlier incumbent in writing by registered/speed post. 3. Assignment A letter of engagement may be issued by the Company to the Secretarial Auditor and Secretarial Auditor may accept the engagement letter. After the formal acceptance the Secretarial Auditor shall commence audit. The Secretarial Auditor shall examine various documents, conduct meetings with seniors and KMP and findings shall discuss with the Management. 4. Submission of Secretarial Audit Report The Secretarial Audit Report shall be submitted in prescribed format MR.3. The report of Board of Directors prepared under Section 134(3) of the Act shall include explanations or comments by the Board on every qualification, reservation or adverse remark or disclaimer made by the company secretary in practice in his secretarial audit report. (Sub-Section 3 3

4 4 of Section 204 of the Act). The report is addressed to the members but submitted to the Board of Directors of the Company. Thus the scope of the Secretarial Audit is depending upon volume of the Company and the Secretarial Audit should begin with the study of applicable laws to the Company. REPORTING WITH QUALIFICATION The qualification, reservation or adverse remarks, if any, shall be stated by the Secretarial Auditor at the relevant places in his/her report. It is recommended that the qualifications, reservations or adverse remarks of Secretarial Auditor, if any, should be stated in Bold or Italic format in the Secretarial Audit Report. If the Secretarial Auditor is unable to form any opinion on any matter, he / she shall state that he/she is unable to form an opinion on that matter and the reasons thereof. If the scope of work required to be performed, is restricted on account of limitations imposed by the company or on account of circumstantial limitations (like certain books or papers being in custody of another person or Government Authority) the Report shall indicate such limitations. If such limitations are so material as to render the Secretarial Auditor incapable of expressing any opinion, the Secretarial Auditor should state that: In the absence of necessary information and records, he/she is unable to report compliance(s) by the Company. PROFESSIONAL RESPONSIBILITY AND PENALTY FOR INCORRECT AUDIT REPORT Any failure or lapse on the part of Secretarial Auditor in issuing a Secretarial Audit Report may not only attract penalty for incorrect report and disciplinary action for professional or other misconduct under the provisions of the Company Secretaries Act, 1980 but also make him liable for any injury caused to any person due to his/her negligence in issuing the Secretarial Audit Report. In Girdhari Lal Gupta v. D.N. Mehta the Supreme Court has construed the expression a person in charge and responsible for the conduct of the business of the company as to mean the person in overall control of the day-to-day business of the company. This ruling has been followed in a number of subsequent decisions- Key Managerial Personnel [Section 2(51) of the Companies Act, 2013] for company s offences.besides under the Companies Act, 2013 section 447 and section 448 cast harsh penalties for false statements and fraud respectively. SECRETARIAL STANDARDS Secretarial Standards are the guidelines formulating for uniform compliance by the Companies. In accordance with the requirement of the Section 118(10) of the Companies Act, 2013 every company shall observe secretarial standards with respect to general and

5 Board meetings. The rationale of mandating the compliance of non-financial standard would ensure that all companies adopt uniform practice in convening the meetings, agenda items which should be placed before the board and finalisation of minutes etc. Further, it is generally assumed that the compliance and good governance would be ensured if the companies follow the said Secretarial Standards effectively. SECRETARIAL STANDARDS ISSUED BY ICSI 1. Meetings of the board of directors 2. General meetings 3. Dividends 4. Registers & records 5. Minutes 6. Transmission of shares & debentures 7. Passing resolution by circulation 8. Affixing common seal 9. Forfeiture of shares 10. Board s report BOARD RESOLUTION FOR APPOINTMENT OF SECRETARIAL AUDITOR REOLVED THAT pursuant to the provisions of Section 204(1) of the Companies Act, 2013 and rule 9 of the Companies (Appointment and Remuneration personnel) Rules 2014 and other applicable provisions, if any, of the Companies Act 2013,Consent of the Board is be and is hereby given for appointment of M/s. ABC, Company Secretaries as Secretarial Auditors of the Company and Directors of the Company be and is hereby authorized to fix the remuneration from time to time in consultation with Audit Committee. RESOLVED FURTHER THAT the engagement letter has been placed before the Board and the same has been signed by the Chairman of the Board for the purpose of identification of appointment of M/s. ABC, Company Secretaries as Secretarial Auditors of the Company. RESOLVED FURTHER THAT Board of Directors of the Company be and is hereby authorized to file necessary forms with Registrar of Companies and to do all such act, deeds and things as may be considered necessary to give effect to the above said resolution. 5

6 CHAPTER 2- CHECK LISTS FOR SECRETARIAL AUDIT CHECK LIST UNDER THE COMPANIES ACT, 2013 Documents/Registers/ Records verify Disclosures Memorandum and Articles of Association of the Company What to check Whether address of the registered office id displayed at the registered office and its local offices as per section 12 of the Act Whether any notice, advertisement, official publication, business letter, bill head or letter paper contain a prominent statement of amount of authorised, subscribed and paid-up capital or not Whether CIN along with telephone number, fax number, if any, and website addresses, if any, printed in all its business letters, billheads, letter papers and in all its notices and other official publications as per section 12 of the Act Alteration of Memorandum of Association Whether Company has passed special resolution under Companies (Management and Administration) Rules, 2014 and filed form MGT. 14 Whether Company has changed its name with the approval of Central Government Whether Company is received or not fresh certificate of incorporation in form INC. 25 under Companies (Incorporation) Rules, 2014 Whether Central Government permission is obtained for change of registered office of the Company from one state to another state Alteration of Articles of Association of the Company Whether Articles of Association of the Company is altered and form MGT. 14 is filed for special resolution Whether form INC. 27 is filed for conversion of private limited company into public limited company and vice versa. Also check the order of competent authority, if obtained, is filed with ROC in form INC. 27 within 15 days from the date of receiving order. Whether provision for entrenchment has been made by alternation of Articles with the consent of all the members 6

7 by passing special resolution Issue of securities Private Placement/Rights Issue/Bonus Issue under section 42 and Companies (Prospectus and Allotment of Securities) Rules, 2014 Offer made to the persons is not exceeding 200 persons Previous allotment is not pending The allotment is effected by special resolution and justification of price is mentioned in explanatory statement Offer letter is in form PAS. 4 and records is maintained in PAS. 5. The offer letter is to be filed with ROC within 30 days from the circulation of offer letter Share Application money is to be kept in separate account for allotment/repayment The return of allotment is to be filed within 30 days in from PAS. 3 Whether share certificates are issued within 2 months in case of allotment of shares and in case of debentures within 6 months Preferential Allotment of shares/debentures under section 62 of the Act Whether list of persons is made for offer Whether previous allotment is pending Whether Articles of Association of the Company authorised for preferential allotment by special resolution Whether valuation report is available from Registered Valuers for determination of issue price Whether offer letter is filed with ROC within 30 days from the date of circulation The return of allotment is to be filed within 30 days in form PAS. 3 Whether share certificates are issued within 2 months in case of allotment of shares and in case of debentures within 6 months Whether allotment is completed within 12 months and if not whether another special resolution was passed or not Issue of bonus shares Whether Articles of Association authorised to do so Whether partly paid-up shares are made fully paid-up Whether it has been recommendation of Board of Directors authorised in General Meeting 7

8 Whether default is made for various all statutory dues The return of allotment is to be filed within 30 days in form PAS. 3 Issue of Sweat Equity shares Whether issue is authorised by special resolution. Check date of commencement of business of the company and passing of special resolution is not within one year. Ensure that the issue is not exceeding 15% of the paid-up share capital of the Company or shares of the issue value of Rs. 5 crore, whichever is higher Ensure that Sweat equity shares register is maintained in form SH. 3 Buy-Back of shares Ensure that the Articles of Association is authorised buyback of shares and if not special resolution is passed under section 14 of alteration of AOA. Ensure that MGT. 14 is filed with ROC within 30 days for passing of special resolution Ensure that buy-back of shares is 10% of the total paid-up capital and free reserves if the company is as per Board resolution Ensure that Letter of Offer is filed in form SH. 8 and declaration of solvency is filed in form SH.9 as per section 68 of the Act Ensure that the register is maintained in form SH. 10 and the return is filed within 30 days of completion of buy-back in form SH. 11 Employee Stock Option Section 62 read with Rule 12 of the Companies (Share Capital and Debenture) Rules, 2014 governed the procedure Ensure that Company has passed special resolution under section 62 of the Act and filed with ROC in form MGT. 14 Check the compliance regarding with explanatory statement to the notice, disclosure of issue of ESOS under Directors Report Maintain Register of Employee Stock Option under form 8

9 SH. 6 Debentures Appoint Debenture Trustee before issue of prospectus Execute Debenture Trust Deed in form SH. 12 within 60 days from allotment of debentures Create Debenture Redemption Reserve account Issue and Redemption of preference shares Check Articles of Association of the Company authorised to the Company and also contained terms and conditions to issue and redemption of preference shares Special resolution is passed to that effect Transfer/Transmission of shares Transfer of shares Observe the provisions of Articles of Association of the Company regarding with this Ensure that the instrument is received by the Company in form SH. 4 Examine all transfer of shares is included in Annual Return of the Company Ensure that Register of transfer is completed till date Transmission of shares is effected through production of succession certificate/probate/letter of administration. The Articles of Association of the Company provided the procedure regarding with this Deposits Creation of Charges Ensure that the deposit is accepted which maturity date is not within 6 months and beyond 3 years from the date of acceptance or renewal Ensure that the circular is issued by registered post acknowledgement due/speed post/ electronic mode in form DPT. 1 for invitation of deposits Ensure that the Company is entered into the contract for deposit insurance and executed deposit trust deed on form DPT. 2 Ensure that return of deposit is file With ROC in form DPT. 3 Ensure that form CHG. 1 and CHG. 9 (for debentures) is filed within 30 days with ROC 9

10 Ensure that CHG. 4 is filed for satisfaction of charges If the charge is not created within the time ensure that the application for condonation of delay has been filed with Central Government in form CHG. 8 Ensure that the order of the Central Government regarding with condonation of delay is filed with ROC in form INC. 28 Board of Directors Meeting and Minutes Meetings Ensure number of Board Meetings held as per section 173 Ensure notice sent as per requirement and attendance register is maintained of the meeting Check following resolution passed in the meeting- 1. Make call 2. Buy-Back of securities 3. Issuing securities 4. Borrowing monies 5. Investments of funds 6. Granting loans/giving guarantees/providing securities 7. Approving financial statements and Board Report 8. Diversifying business 9. Approving amalgamation/merger 10. Takeover of a company 11. Making political contribution 12. Appointing or removing KMP 13. Appointing Internal Auditor and Secretarial Auditor 14. Taking note of disclosure of interested directors 15. Buying and selling investments above 5% of the paid-up capital and free reserves 16. Inviting public deposits and changing terms 17. Approving periodical financial results Important Matters required special resolution- Inclusion entrenchment clause in AOA- section 5 (4) Change of registered office of the company outside local limits- section 12(5) Alteration of MOA- section 13(1) Alteration of Articles- section 14 Variation in terms of contractor objects in prospectussection 27(1) Issuance of GDRs- section 41 Variations of shareholders rights- section 48(1) Issuance of sweat equity shares- section 54 Further issue of share capital- section 62 10

11 Reduction of share capital- section 66 Restriction on purchase by company or giving of loans by it for purchase of its shares- section 67(3) Buy-back of securities- section 68 Issue of debentures- section 71 To keep registers, returns etc. at any other place than registered office of the Company where more than onetenth of members reside- section 94 Removal of Auditor before expiry of his term- section 140 Re-appointment independent director after expiry of his term of five consecutive years- section 149 Restrictions of powers of the Board- section 180 Loan to directors- section 185 Loan and investment by company beyond limit- section 186 Related party transaction/entering into contracts or arrangement- section 188 Appointment of managerial personnel- section 196 Sick company amalgamation- section 262 Ensure that proper arrangement made for video conference meeting CheckSecurity systems and integration procedures of the meetingand Electronic recording mechanism Ensure the notice of the meeting is sent as per section 173 of the Act and stated options available to Directors to participate through electronic mode It is necessary the Chairman of the meeting shall take roll call before the starting of discussion in the meeting in terms of name, location of a Director and has received agenda for the purpose In the meeting a. Chairman verify the quorum of the meeting b. Participating Directors had given their consents by digital signature c. The Chairman made roll call when there is objection on any motion d. The Chairman announced summery of the meeting After completion of the meeting the proceedings entered in minutes book The matters which cannot dealt through electronic mode a. Approval of Annual Financial Statements b. Approval of Directors Report c. Approval of the prospectus d. Audit committee meetings for considerations of accounts e. Approval in case of merger/amalgamation/demerger/acquisition/takeover 11

12 1. Following class of companies shall have Woman Directorsection 149(1) Every Listed Company Public Company having paid-up share capital of Rs. 100 crore or more Public Company having turnover of Rs. 300 crore or more 2. Every Company shall have at least one Director Resident in India for total period not less than 182 days in previous calendar year- section 149(3) 3. Every Listed Company shall have one-third of the total number of Directors as Independent Directors- section 149(4) 4. Following class of Public Companies shall have two Independent Directors- section 149(4) Public Company having paid-up share capital 10 crores or more Public Company having turnover of Rs. 100 crores or more Public Company having outstanding aggregate loans and deposits exceeding Rs. 50 crores 5. A separate schedule is prescribed in Schedule IV as code for Independent Director 6. Minimum number of four meetings shall held every year with not more than 120 days between two meetings- section 173(1) 7. A provision is enabled for Board meeting through video conferencing- section 173(2) 8. Following class of companies shall have Audit Committeesection 177(1) All Public Companies having Paid-up share capital 10 crores or more All Public Companies having turnover of Rs. 100 crores or more All Public Companies having outstanding loan and deposits exceeding Rs. 50 crores 9. Following class of companies shall have Nomination and Remuneration Committee- section 178(1) All Public Companies having Paid-up share capital 10 crores or more All Public Companies having turnover of Rs. 100 crores or more All Public Companies having outstanding loan and deposits exceeding Rs. 50 crores 10. Stakeholder Relationship Committee shall be formed which 12

13 Company have more than 1000 shareholders with a Non- Executive Director as Chairman- section 178(5) 11. Every Listed Company is to be disclosed the ratio of remuneration of Directors to Median Salary of Employeesection 197(12) 12. Listed Companies and Public Companies having paid-up share capital 10 crores or more shall have following Whole- Time KMP- section 203(1) Managing Director/CEO/Manager or Whole-Time Director Company Secretary Chief Financial Officer 13. Every Listed Company or such class or classes of companies, as may be prescribed, shall establish a vigil mechanism for directors and employees to report genuine concerns in such manner as may be prescribed-177 (9) and (10) 14. Financial year can only be from April-March, existing companies has to align within 2 years of the commencement of the Act- section 2(41) 15. Maintenance of books of account in electronic mode- 128(1) 16. Corporate Social Responsibility provision is mandatory for following companies- section 135 Having Net Worth of Rs.500 crore or more; or Turnover of Rs.1000 crore or more or A net profit of Rs.5 crore or more during the any financial year Every financial year at least 2% of the average net profits of last 3 years to be spent on CSR activities, otherwise reason for not spending to be given in Board's Report 17. If the Board feels that the financials or the Report do not comply with the applicable provisions of section 129 or 134, they may revise the aforesaid in respect of any of the three preceding financial years after obtaining approval of the Tribunal- section Quorum of the Annual General Meeting- section 103 If the Members are Members personally present members personally present members personally present Minutes of meeting of Board of Directors Check present directors name included in minutes Check all the pages of the minutes book consecutively 13

14 numbered and initialled by the Chairman Check relevant SS is complied with The minute books of general meetings, and the minutes books of the Board and committee meetings are maintained in the custody of the company secretary or any director duly authorised by the board. Annual General Meeting Check the provisions of section 96 read with the Companies (Management and Administration) Rules, 2014, listing agreement are complied with Check first AGM is held within a period of nine months from the closing of the first financial year of the Company Check that subsequent meeting held within six months from the end of the financial year Check meeting was not held on national holiday Check notice was given to every member of the Company, Auditor and Director of the Company REGISTERS/DOCUMENTS UNDER COMPANIES ACT, 2013 Register of Members-Pursuant to Section 88 (1) (a) and Rule 3 of the Companies (Management and Administration) Rules, 2014 Register of members in form MGT.1 Debenture- holders or security holders in formmgt.2 Entries in the register will be made in 7 days from the date of approval of allotment, Transfer of share, debentures or any other securities. Place of keeping of registers- The registers shall be maintained at the registered office of the company. The company can keep the register at any other place by passing Special Resolution within the city, town or village in which the registered office is situated or any other place in India in which more than one-tenth of the total members entered in the register of members reside. Foreign Register- A company may, if so authorized by its Articles, keep in any country outside India, a part of the Register of Members ordebenture Holders orsecurity Holders or Beneficial Owners. 14

15 The company shall, within 30 days from the date of the opening of any foreign register, file with the Registrar notice of the situation of the office where such register is kept in form MGT.3. A foreign register shall be deemed to be part of the company s Principle Register. Foreign register shall be maintained in the same format as the principal register. Transmit to its registered office in India a copy of every entry in any foreign register within 15 (fifteen) days after the entry is made; and Keep at such office a duplicate register of every foreign register duly entered up from time to time. Every such duplicate register shall, for all the purposes of this Act, be deemed to be part of the principal register. The company may discontinue the keeping of any foreign register; and thereupon all entries in that register shall be transferred to some other foreign register kept by the company outside India or to the principal register. A foreign register shall be open to inspection and may be closed, and extracts may be taken there from and copies thereof may be required, in the same manner, mutatis mutandis, as is applicable to the principal register, Exception: No need to give advertisement in News Paper. Inspection of register- The Registers are open for inspection by any Member, Debenture-Holder, other security holder or beneficial owner, during Business Hour Without payment of any fees.inspection by any other person on payment of such fees as may be specified in the Articles of Association of the company but not exceeding Rs. 50/- (Fifty) for each inspection. Memorandum and Articles of Association Preserve permanently at its registered office as per section -15 Copies of MOA & AOA given to Members- A company shall, on being so requested by a membersend to him within 7 days of the request on payment of such fess as prescribed in the Companies (Register offices and Fees) Rules, Record of Private Placement Section 42 read with Rule 14 of Companies Act (Prospectus and Allotment of Securities) Rules, Record of Private Placement is to be maintained under PAS.5 at its Registered Office. Register of Renewed and Duplicate Share Certificate The register shall be maintained under form SH.2 permanently. Register shall be kept at the registered office of company or at such other place where the Register of Members is kept. Register of sweat equity shares 15

16 The Register shall be maintained under form SH. 3. Register of Transfer and Transmission- section 56 The Company shall maintain Separate Register for Transfer & Transmission of Equity/ Preference Shares. Register of employee stock option- Section 62(1) (b) Read with Rule 12 of Companies (Share Capital and Debentures) Rules, 2014 This Register shall be maintained in form SH.6. Register of Security Buy- Back-(Section -68 (9) read with Rule 17 of Companies (Share Capital and Debentures) Rules, 2014 The Register shall be maintained in form SH.10. Register of Deposit- (Section 73 and 76 read with rule 14 of Companies (Acceptance of Deposit) Rules, 2014 Company shall maintain register of deposit accepted or renewed.register shall be kept at the registered office of Company and maintain for at least 8 years. Entry in register shall be made within 7 (Seven) days from the date of issuance of the receipt duly authenticated by the director & Secretary of the company or person as may be authorized by the Board. Register of Charges- (Section 85 read with Rule-10 of company (Registration of charges) Rules, 2014 The Register shall be maintained in form CHG.7 permanently. Register shall be kept at the registered office of Company.Entry in register shall authenticated by the director & Secretary of the company or person as may be authorized by the Board. Minutes of the Meeting 1. Board Meetings 2. General Meeting of Members 3. Meetings of Each Committee- CSR Committee, Audit Committee, Nomination and Remuneration Committee, Shareholders Relationship Committee and other Ad-hoc Committees Entry in the Minute Book shall be made within 30 days from the conclusion of the meeting. Each page of Book shall be initialled and last page of Book shall be dated and signed by: 16

17 Chairman of Meeting with in the period of 30 Days In case of Inability of Chairman, by a Director Duly authorized by Board for purpose Board & Committee Meeting Chairman of said Meeting Chairman of Next Succeeding Meeting Maintenance and inspection of documents in electronic form Every ListedCompany or a company having not less than One Thousand Shareholders, Debenture Holders and Other Security Holders, shall maintain its records in electronic form.existing Companies, data shall be converted from physical mode to electronic mode within 6months from the date of notification of provisions. Register of Directors & Key Managerial Personnel- (Section 170(1) and Rule 17 of the Companies (appointment and Qualification of Directors) Rules, 2014) Every company shall keep at registered office a register containing such particulars of Directors and Key Managerial Personnel which shall include the details of the securities held by each of them in the Company- Its Holding Subsidiary Subsidiary of companies Holding Company Subsidiary of Companies Associate Companies Register of Loan, Investment and Guarantee Every company Giving Loan or giving a guarantee or providing security or making an acquisition under this section shall keep a register in form SH.12 which shall contain particulars of: Loan Guarantee Given Security provided Investment made Register of Investment made by a Company held not in its name(section 187(2) and (d) The General rule is that all the investment made by a company shall be made and held in its name.where Investment of a company is not held by it in its name but in the name of a depository, the company shall maintain a register in form MBP.3 at its registered office which shall contain such particulars as prescribed, namely, the investment in shares and other securities chronologically. 17

18 Register of Contract or Arrangements in which Directors are interested Every company shall maintain one or more registers in form MBP. 4 and shall enter therein the particulars of- Company or Companies or Bodies Corporate, Firms or Other Association of individuals, in which any Director has any concern or interest, as mentioned under sub-section (1) of section 184 Contracts Or Arrangements with a Body Corporate or Firm or other entity as mentioned under sub-section (2) of section 184, in which any Director is, directly or indirectly, concerned or interested; and Contracts or Arrangements with a Related Party with respect to transactions to which section 188 applies. The Register shall be placed before next meeting of Board and signed by all Directors present at meeting. Keeping Contract of Service with Managing or Whole-Time Director Every Public Company shall keep at its Register Office- Copy of Contract of service, if any, entered into with a Managing or Whole-Time Director Where the Contract is not in writing, a written memorandum setting out its terms Copy of the contract of service or Memorandum shall be open for inspection by the member without fee RULES AND eforms RULES The Companies (Specification of definitions details) Rules, 2014 The Companies (Incorporation) Rules, 2014 eforms - INC.1- Application for Reservation of Name INC. 2- One Person Company- Application for Incorporation INC. 3- One Person Company- Nominee Consent Form INC. 4- One Person Company- Change in Member/Nominee INC. 5- One Person Company- Intimation of exceeding 18

19 threshold INC. 6- One Person Company- Application for Conversion INC. 7- Application for Incorporation of Company (Other Than OPC) INC. 12- Application for grant of License under Section 8 INC. 18- Application to Regional Director for Conversion of Section 8 Company into Company of any other kind INC. 20- Intimation to Registrar of revocation/ Surrender of License issued under Section 8 INC. 21- Declaration Prior to the Commencement of Business or Exercising Borrowing Powers INC. 22- Notice of Situation or Change of Situation of Registered Office INC. 23- Application to Regional Director for Approval to Shift the Registered Office from One State to Another State or from jurisdiction of One Registrar to Another Registrar within the same State INC. 24- Application for Approval of Central Government for Change of Name INC. 27- Conversion of Public Company into Private Company or Private Company into Public Company The Companies (Prospectus and Allotment of Securities) Rules, 2014& Companies (Issue of Global Depository Receipts) Rules, 2014 The Companies (Share Capital and Debentures) Rules, 2014 INC. 28- Notice of Order of the Court or any other Competent Authority PAS. 2- Information Memorandum PAS. 3- Return of Allotment SH. 1- Share Certificate SH.2- Register of Renewed and Duplicate Share Certificates 19

20 SH. 3- Register of Sweat Equity Shares SH. 4- Securities Transfer Form SH. 5- Notice for Transfer of Partly Paid Securities SH. 6- Register of Employee Stock Options SH. 10- Register of Shares or other Securities Bought-Back SH. 12- Debenture Trust Deed SH. 13- Nomination Form SH. 15- Certificate of Compliance in respect of Buy-Back of Securities SH. 7- Notice to Registrar of any alteration of share capital SH. 8- Letter of Offer SH. 9- Declaration of Solvency Companies (Acceptance of Deposits) Rules, 2014 The Companies (Registration of charges) Rules, 2014 SH. 11- Return in respect of buy-back of securities DPT. 1- Circular or circular in the form of advertisement inviting deposits DPT. 2- Deposit Trust Deed DPT. 3- Return of Deposits DPT. 4- Statement regarding deposits CHG. 7- Register of charges CHG. 1- Application for Registration of creation, modification of charge (other than debentures) including particulars of modification charge by Asset Reconstruction Company in terms of SARFAESI Act, 2002 CHG. 4- Particulars of satisfaction of charge thereof CHG. 6- Notice of appointment or cessation of receiver or manager 20

21 CHG. 8- Application to Central Government for extension of time for filing particulars of registration of creation/modification/satisfaction of charge OR for rectification of omission or misstatement of any particular in respect of creation/modification/satisfaction of charge The Companies (Management and Administration) Rules, 2014 CHG. 9- Application for registration of creation or modification of charge for debentures or rectification of particulars filed in respect of creation or modification of charge for debentures MGT. 1- Register of Members MGT. 2- Register of Debenture holders/other securities holders MGT. 3- Notice of situation or change of situation or discontinuation of situation, of place where foreign register shall be kept MGT. 4- Declaration by the registered owner of shares who does not hold the beneficial interest in such shares MGT. 5- Declaration by the beneficial owner who holds or acquires beneficial interest in shares but whose name is not entered in the register of members MGT. 6- Return to the Registrar in respect of declaration under section 89 received by the Company MGT. 7- Annual Return MGT. 8- Certificate by a Company Secretary in Practice MGT. 9- Extract of Annual Return MGT. 10- Changes in shareholding position of promoters and top ten shareholders MGT. 11- Proxy form 21

22 MGT. 12- Polling Paper MGT. 13- Report of Scrutinizer(s) The Companies (Declaration and payment of Dividend) Rues, 2014 The Companies (Accounts) Rules, 2014 MGT. 14- Filing of resolutions and agreements to the Registrar DIV. 5- Statement of amounts credited to Investor Education and Protection Fund AOC. 1 Statement containing salient features of the financial statement of subsidiaries/ associate companies/ joint ventures AOC. 2- Form for disclosures of particulars of contracts/arrangements entered into by the Company with related parties referred to in sub-section (1) of section 188 of the Companies Act, 2013 including certain arm length transactions under third proviso thereto The Companies (Audit and Auditors) Rules, 2014 AOC.3- Abridged financial statements AOC. 4- Form for filing financial statement and other documents with the Registrar ADT. 1- Notice of appointment of Auditor by the Company ADT. 2- Application for removal of auditor(s) from his/their office before expiry of term ADT. 3- Notice of resignation by the Auditor The Companies (Appointment and qualification of Directors) Rules, 2014 ADT. 4- Report to the Central Government DIR. 1- Application for inclusion of name in the databank of Independent Directors DIR. 2- Consent to act as a Director of a Company DIR. 3- Application for allotment of Director Identification 22

23 Number DIR. 4- Verification of Applicant for application for DIN DIR. 5- Application for surrender of Director Identification Number DIR. 6- Intimation of change in particulars of Director to be given to the Central Government DIR. 7- Verification of Applicant for change in DIN particulars DIR. 8- Intimation by Director DIR. 9- Report by the Company to Registrar DIR. 10- Form of application for removal of disqualification of Directors DIR. 11- Notice of resignation of a Director to the Registrar The Companies (Meetings of Board and its powers) Rules, 2014 DIR. 12- Particulars of appointment of Directors and the Key Managerial Personnel and the changes among them MBP. 1- Notice of Interest by Director MBP. 2- Register of loans, guarantee, security and acquisition made by the Company MBP. 3- Register of Investments not held in its own name by the Company The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 MBP. 4- Register of contracts with related party and contracts and Bodies etc. in which Directors are interested MR. 3- Secretarial Audit Report MR. 1- Return of Appointment of Key Managerial Personnel 23

24 MR. 2- Form of application to the Central Government for approval of appointment or reappointment and remuneration or waiver for excess or over payment to Managing Director or Whole-Time Director or manager and commission or remuneration to Directors Companies (Inspection, - Investigation and Inquiry) Rules, The Companies (Authorised to Register) Rules, 2014 URC. 1- Application by a Company for Registration under Section 366 The Companies (Registration of Foreign Companies) Rules, 2014 URC. 2- Advertisement giving notice about Registration under Part I of Chapter XXI FC. 1- Information to be filed by Foreign Company FC. 2- Return of alteration in the documents filed for registration by Foreign Company FC. 3- Annual Accounts along with the list of all principal places of business in India established by Foreign Company FC. 4- Annual Return of a Foreign Company The Companies (Registration Offices and Fees ) Rules, 2014 FC. 5- Nomination by IDR Holder GNL. 1- Form for Filing an Application with Registrar of Companies GNL. 2- Form for submission of documents with the Registrar Nidhi Rules, 2014 GNL. 3- Particulars of person(s) or Key Managerial Personnel charged or specified for the purpose of subclause (iii) or (iv) of clause 60 of section 2 NDH.1- Return of Statutory Compliances 24

25 NDH. 2- Application for extension of time NDH. 3- Half Yearly Return CORPORATE SOCIAL RESPONSIBILITY- SECTION 135 Legal Sanctity - Section 135 of the Companies Act, Schedule VII of the Companies Act, Companies (Corporate Social Responsibility Policy) Rules, 2014 Constitution of Corporate Social Responsibility (CSR) Committee Section 135 of the Act provides that Every Company having following criteria shall constitute Committee called CSR Committee - Net worth of Rs. 500 crores or more OR - Turnover of Rs crores or more OR - Net profit of Rs. 5 crores or more During any financial year of the Company Composition of the Committee - Three or more Directors out of which at least one director shall be an independent director. Therefore, there should be minimum three directors and out of which one director shall independent director. Responsibility of CSRC - To formulate and recommend to the Board of Directors CSR policy - To ensure that the Company spends in every financial year at least two per cent of the average net profits of the company made during the three immediately preceding financial years on CSR activities - To explain the reasons for non- spending and explanation shall be given in Directors Report - Monitor the CSR policy from time to time The committee shall formulate the policy, including activities specified in schedule VII as amended as follows: 25

26 - Eradicating hunger, poverty and malnutrition, promoting preventive health care and sanitation and making available safe drinking water - Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects - Promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centres and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups - Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agro forestry, conservation of natural resources and maintaining quality of soil, air and water - Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works for art; setting up public libraries; promotion and development of traditional arts and handicrafts - Measures for the benefit of armed forces veterans, war widows and their dependents - Training to promote rural sports, nationally recognised sports, Paralympic sports and Olympic sports - Contribution to the Prime Minister s National Relief Fund or any other fund set up by the Central Government for socio-economic development and relief and welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women - Contributions or funds provided to technology incubators located within academic institutions which are approved by the Central Government - Rural development projects - Slum Area Development Highlights - Board of Directors report shall disclose the composition of the CSR committee - Contribution of any amount directly or indirectly to any political party shall not be considered CSR activity - CSR activities shall display on its website 26

27 - The company shall give preference to the local area and areas around it where it operates - Net profit is to be calculated according to section 198 of the Act APPLICABILITY OF OTHER LAWS Taxation laws Labour laws Environmental laws other laws Income Tax Act, 1961 Wealth Tax Act Central Excise Act Custom Act Service Tax Act Sales Tax Act including Value Added Tax Act of 2003 Respective State Sales Tax Acts Professional Tax Education Cess The Factories Act, 1948 Industrial Act Dispute Payment of Wages Act Payment of Bonus Act Workmen Compensation Act, Shop And Establishment Act Weekly Holiday Act, 1942 Employees State Insurance Act, 1948 Employees PF & Misc. Provisions Act, 1954 Research and Payment of Gratuity Development Cess Act, Act 1991 The Boiler Act and Gas Cylinders Act and Rules Contract Labour (Regulation & Abolition Act) 1970 Air (Prevention and Control of Pollution) Act, 1981 Water (Prevention and Control of Pollution) Act, 1974 Foreign Exchange Management Act Foreign Trade (Development and Regulation) Act, 1992 The Noise (Regulation and Control) Rules Indian Contract Act 2000 The Environment Sale of Goods Act (Protection) Act 1986 Petroleum Act and Rules The Urban Land (Ceiling &Regulation) Act Transfer of Property Act Motor Vehicles Act Essential Act Information Technology Act Commodities and Right to Information Act Maternity Benefit Constitution of India 27

28 Act, 1961 Respective State Govt. Factories (Control of Major Industrial Accident Hazard) Rules 2002 Micro, Small And Medium Enterprises Development Act, 2006 and many other Acts 28

Companies Act, 2013 Tracker II. CNK & Associates

Companies Act, 2013 Tracker II. CNK & Associates Companies Act, 2013 Tracker II CNK & Associates Corporate Social Responsibility (CSR) Provisions As per Companies Act, 2013, CSR has become mandatory in India. The Ministry of Corporate Affairs (MCA) in

More information

POLICY FOR CORPORATE SOCIAL RESPONSIBILITY

POLICY FOR CORPORATE SOCIAL RESPONSIBILITY I. SHORT TITLE POLICY FOR CORPORATE SOCIAL RESPONSIBILITY This policy in relation to the Corporate Social Responsibility ( CSR ) of BPTP Limited is titled as the CSR Policy and shall include any alterations,

More information

CORPORATE SOCIAL RESPONSIBILITY CHARTER

CORPORATE SOCIAL RESPONSIBILITY CHARTER CORPORATE SOCIAL RESPONSIBILITY CHARTER 1.0 Preamble : Heubach Colour Private Limited ( the Company ) is a Private Limited Company incorporated under the Companies Act,1956. (i) Objective : The Company

More information

IFCI Factors Limited Corporate Social Responsibility Policy

IFCI Factors Limited Corporate Social Responsibility Policy IFCI Factors Limited Corporate Social Responsibility Policy Page 1 of 11 Contents Page 2 of 11 1. INTRODUCTION The concept of Corporate Social Responsibility (CSR) has gained prominence from all avenues.

More information

POLICY FOR CORPORATE SOCIAL RESPONSIBILITY

POLICY FOR CORPORATE SOCIAL RESPONSIBILITY POLICY FOR CORPORATE SOCIAL RESPONSIBILITY I. SHORT TITLE: This policy in relation to the Corporate Social Responsibility ( CSR ) of Morgan Stanley Advantage Services Private Limited is titled as the CSR

More information

MITSUBISHI ELEVATOR INDIA PRIVATE LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY

MITSUBISHI ELEVATOR INDIA PRIVATE LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY MITSUBISHI ELEVATOR INDIA PRIVATE LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY 1. Preamble Corporate Social Responsibility (CSR) is the affirmation that the company is committed to its stakeholders

More information

Chemico Chemicals Private Limited. Corporate Social Responsibility Policy

Chemico Chemicals Private Limited. Corporate Social Responsibility Policy Chemico Chemicals Private Limited Corporate Social Responsibility Policy Contents 1. Introduction 2. Objective & Scope 3. Definitions 4. CSR Activities 5. Contribution for CSR Activities 6. CSR Committee

More information

CORPORATE SOCIAL RESPONSIBILTY POLICY/ PSP PROJECTS LIMITED. Corporate social responsibility Policy PSP PROJECTS LTD

CORPORATE SOCIAL RESPONSIBILTY POLICY/ PSP PROJECTS LIMITED. Corporate social responsibility Policy PSP PROJECTS LTD Corporate social responsibility Policy PSP PROJECTS LTD 1 T A B L E O F C O N T E N T S SECTION TITLE PAGE I Introduction... 3 II PSP & CSR... 3 III The CSR Vission and Mission... 4 IV CSR Policy... 4

More information

QUANTUM ASSET MANAGEMENT COMPANY PRIVATE LIMITED

QUANTUM ASSET MANAGEMENT COMPANY PRIVATE LIMITED 1 QUANTUM ASSET MANAGEMENT COMPANY PRIVATE LIMITED 2 I. CONCEPT AND VISION The Company intends to make a positive difference to society and contribute its share towards the social cause of betterment of

More information

MINDA INDUSTRIES LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY

MINDA INDUSTRIES LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY MINDA INDUSTRIES LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY MINDA INDUSTRIES LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY 1. Corporate Social Responsibility Policy At UNO Minda Group,

More information

KARDA CONSTRUCTIONS LIMITED. Corporate Social Responsibility Policy

KARDA CONSTRUCTIONS LIMITED. Corporate Social Responsibility Policy Corporate Social Responsibility Policy 1 Table of contents 1. CONTEXT..3 2. OBJECTIVE....3 3. CSR VISION..3 4. SCOPE..3 5. DEFINITIONS..4 6. ROLE OF THE CSR COMMITTEE...5 7. ROLE OF THE BOARD.6 8. CSR

More information

CONTENTS SL. NO. PARTICULARS PAGE NOS. 1 Preamble 3. 2 CSR Mission 3. 3 Objectives 3. 4 Focus Areas 4. 5 Approach to Implementation 5.

CONTENTS SL. NO. PARTICULARS PAGE NOS. 1 Preamble 3. 2 CSR Mission 3. 3 Objectives 3. 4 Focus Areas 4. 5 Approach to Implementation 5. 1 CONTENTS SL. NO. PARTICULARS PAGE NOS. 1 Preamble 3 2 CSR Mission 3 3 Objectives 3 4 Focus Areas 4 5 Approach to Implementation 5 6 CSR Funds 6 7 Guiding Principles for constitution of CSR Committee

More information

BIRLA ERICSSON OPTICAL LTD.

BIRLA ERICSSON OPTICAL LTD. TERMS OF REFERENCE FOR CORPORATE SOCIAL RESPONSIBILITY COMMITTEE BIRLA ERICSSON OPTICAL LTD. Regd. Office: Udyog Vihar, P.O. Chorhata, Rewa - 486 006 (M.P.), India CIN: L31300MP1992PLC007190 Telephone

More information

Corporate Social Responsibility Policy. CORDS CABLE INDUSTRIES LIMITED (Approved by Board of Director s in their meeting held on April 01, 2015)

Corporate Social Responsibility Policy. CORDS CABLE INDUSTRIES LIMITED (Approved by Board of Director s in their meeting held on April 01, 2015) Corporate Social Responsibility Policy CORDS CABLE INDUSTRIES LIMITED (Approved by Board of Director s in their meeting held on April 01, 2015) Contents 1. Concept 2. CSR in India 3. Policy Objective 4.

More information

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY BHUSHAN STEEL LIMITED

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY BHUSHAN STEEL LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY OF BHUSHAN STEEL LIMITED * CORPORATE SOCIAL RESPONSIBILITY POLICY (CSR) POLICY With the advent of the Companies Act, 2013 constitution of a Corporate Social

More information

Madura Micro Finance Limited. Corporate Social Responsibility Policy 2015

Madura Micro Finance Limited. Corporate Social Responsibility Policy 2015 Madura Micro Finance Limited (CIN: U65929TN2005PLC057390) Corporate Social Responsibility Policy 2015 Brief Background In terms of Section 135 of Companies Act, 2013, effective 1 st April 2014, every Company

More information

GAMMON INDIA LIMITED COPORATE SOCIAL RESPONSIBILITY POLICY (CSR) POLICY

GAMMON INDIA LIMITED COPORATE SOCIAL RESPONSIBILITY POLICY (CSR) POLICY GAMMON INDIA LIMITED [CIN:L74999MH1922PLC000997] Regd. Office: Gammon House, Veer Savarkar Marg, Prabhadevi, Mumbai, 400 025 Website: www.gammonindia.com Tel: +91 22 61153000 Fax: +91 22 24300529 1. INTRODUCTION

More information

BLUE DART AVIATION LIMITED Corporate Social Responsibility (CSR) Policy

BLUE DART AVIATION LIMITED Corporate Social Responsibility (CSR) Policy BLUE DART AVIATION LIMITED Corporate Social Responsibility (CSR) Policy 1 TABLE OF CONTENTS I. Concept and Objectives... 3 II. CSR Budget... 3 III. CSR Activities... 4 IV. CSR Committee.... 5 V. CSR Governance

More information

Form No. MGT-14: Information Bank of Stakeholders

Form No. MGT-14: Information Bank of Stakeholders Sachin Sapra, Fcs Company Secretary in Practice New Delhi sachinsapra@gmail.com Form No. MGT-14: Information Bank of Stakeholders Form No. MGT-14 has gained the tremendous momentum amongst the Corporate

More information

BLUE DART EXPRESS LIMITED. Corporate Social Responsibility (CSR) Policy

BLUE DART EXPRESS LIMITED. Corporate Social Responsibility (CSR) Policy BLUE DART EXPRESS LIMITED Corporate Social Responsibility (CSR) Policy 1 TABLE OF CONTENTS I. Concept and Objectives... 3 II. CSR Budget... 4 III. CSR Activities 4 IV. CSR Committee 5 V. CSR Governance

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY HATSOFF HELICOPTER TRAINING PRIVATE LIMITED

CORPORATE SOCIAL RESPONSIBILITY POLICY HATSOFF HELICOPTER TRAINING PRIVATE LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY HATSOFF HELICOPTER TRAINING PRIVATE LIMITED Regd. Office: Survey Nos. 3&4, Opp. ARDC Main Gate, HAL, Vibhuthipura, Marathahalli Post, Bengaluru, Karnataka 560037.

More information

ENERGY LIMITED (CIN: U29224GJ1987PLC010044)

ENERGY LIMITED (CIN: U29224GJ1987PLC010044) CORPORATE SOCIAL RESPONSIBILITY POLICY ( CSR Policy ) We at John Energy Limited ( JEL or Company ) are well aware of its Corporate Social Responsibility and constantly making efforts to contribute in this

More information

L&T METRO RAIL (HYDERABAD) LIMITED

L&T METRO RAIL (HYDERABAD) LIMITED L&T METRO RAIL (HYDERABAD) LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY 1 CORPORATE SOCIAL RESPONBILITY POLICY OF L&T METRO RAIL (HYDERABAD) LIMITED PREAMBLE: The concept of Corporate Social Responsibility

More information

INOX LEISURE LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY

INOX LEISURE LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY INOX LEISURE LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY 1. SHORT TITLE AND APPLICABILITY 1.1 This policy, which encompasses the philosophy of Inox Leisure Limited ( Company ) for delineating its responsibility

More information

[ To Be Published in the Gazette of India Extra ordinary, Part II, Section 3, Sub-section (i)]

[ To Be Published in the Gazette of India Extra ordinary, Part II, Section 3, Sub-section (i)] [ To Be Published in the Gazette of India Extra ordinary, Part II, Section 3, Sub-section (i)] Ministry of Corporate Affairs Notification New Delhi, Dated 2014 GSR. (E). No. In exercise of powers conferred

More information

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY THE SUPREME INDUSTRIES LIMITED Regd. Office :612, Raheja Chambers, Nariman Point, Mumbai 400021 Tel. : 022-22851656, Fax : 022-22851657, Email : sil_narimanpoint@supreme.co.in CIN : L35920MH1942PLC003554

More information

ANGEL BROKING LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY

ANGEL BROKING LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY ANGEL BROKING LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY Introduction The Companies Act, 2013 (the Act ) has made it mandatory for certain companies to carry out its corporate social responsibility

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY. Scope and Purpose:

CORPORATE SOCIAL RESPONSIBILITY POLICY. Scope and Purpose: CORPORATE SOCIAL RESPONSIBILITY POLICY Scope and Purpose: In accordance with Section 135 of the Companies Act (CA), 2013 every Company having net worth of Rs 500 crores or more, or turnover of Rs 1,000

More information

CSR (CORPORATE SOCIAL RESPONSIBILITY)

CSR (CORPORATE SOCIAL RESPONSIBILITY) CSR (CORPORATE SOCIAL RESPONSIBILITY) Policy of Spicer India Private Limited 1. INTRODUCTION 1.1 In pursuant to section 135 of the Companies Act, 2013 (the act) and the Companies (Corporate Social Responsibility

More information

Corporate Social Responsibility (CSR) Policy

Corporate Social Responsibility (CSR) Policy Corporate Social Responsibility (CSR) Policy INTRODUCTION & BACKGROUND Corporate Social Responsibility is not a new concept in India, however, the Ministry of Corporate Affairs, Government of India has

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY (CSR POLICY)

CORPORATE SOCIAL RESPONSIBILITY POLICY (CSR POLICY) CORPORATE SOCIAL RESPONSIBILITY POLICY (CSR POLICY) 1. TITLE AND APPLICABILITY The Document describes the Corporate Social Responsibility Policy ( CSR Policy ) of M/s. Modi Builders and Realtors Private

More information

BLUE DART EXPRESS LIMITED. Corporate Social Responsibility (CSR) Policy

BLUE DART EXPRESS LIMITED. Corporate Social Responsibility (CSR) Policy BLUE DART EXPRESS LIMITED Corporate Social Responsibility (CSR) Policy 1 TABLE OF CONTENTS I. Concept and Objectives...3 II. CSR Budget...4 III. CSR Activities...4 IV. CSR Committee...5 V. CSR Governance

More information

Evolution of Secretarial audit

Evolution of Secretarial audit 1 Evolution of Secretarial audit Until 2000 Securities related Audit (Clause 47C) February 2000 Corporate Governance (Clause 49) Companies (Compliance Certificate) Rules, 2001 (Section 383A) Unlisted companies

More information

DNA Entertainment Networks Private Limited CORPORATE SOCIAL RESPONSIBILITY POLICY

DNA Entertainment Networks Private Limited CORPORATE SOCIAL RESPONSIBILITY POLICY DNA Entertainment Networks Private Limited CORPORATE SOCIAL RESPONSIBILITY POLICY CONTENTS 1. INTRODUCTION 2. OBJECTIVE 3. DEFINITION 4. CONSTITUTION OF CSR COMMITTEE 5. MEMBERS 6. QUALIFICATION TO MEMBERS

More information

March Corporate Social Responsibility

March Corporate Social Responsibility Corporate Social Responsibility The Ministry of Corporate Affairs ( MCA ) had introduced mandatory corporate social responsibility ( CSR ) vide Section 135 of the Companies Act, 2013 ( Act ) and issued

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY

CORPORATE SOCIAL RESPONSIBILITY POLICY T. V. Today Network Limited Registered Office: F-26, First Floor, Connaught Circus, New Delhi 110001, CIN No. L92200DL1999PLC103001, Telephone Number: 0120-4807100, Fax Number: 0120-4325028 Website: www.aajtak.intoday.in,

More information

(CORPORATE SOCIAL RESPONSIBIITY)

(CORPORATE SOCIAL RESPONSIBIITY) MODEL CSR (CORPORATE SOCIAL RESPONSIBIITY) POLICY OF Haldex India Pvt.Ltd. 1. INTRODUCTION 1.1 In pursuant to section 135 of the Companies Act, 2013 (the act) and the Companies (Corporate Social Responsibility

More information

Cambridge University Press India Private Limited

Cambridge University Press India Private Limited Cambridge University Press India Private Limited Highlights of the CORPORATE SOCIAL RESPONSIBILITY POLICY 1. The CSR Policy has been drafted based on the relevant section, i.e., Section 135 of The Companies

More information

DELHI INTEGRATED MULTI MODAL TRANSIT SYSTEM LTD. Corporate Social Responsibility Policy

DELHI INTEGRATED MULTI MODAL TRANSIT SYSTEM LTD. Corporate Social Responsibility Policy DELHI INTEGRATED MULTI MODAL TRANSIT SYSTEM LTD Corporate Social Responsibility Policy Our Vision Company s Philosophy on CSR The aim of DIMTS s CSR policy is to ensure that CSR activities are not performed

More information

UTI INFRASTRUCTURE AND TECHNOLOGY SERVICES LIMITED CIN: U65991MH1993GOI072051

UTI INFRASTRUCTURE AND TECHNOLOGY SERVICES LIMITED CIN: U65991MH1993GOI072051 UTI INFRASTRUCTURE AND TECHNOLOGY SERVICES LIMITED CIN: U65991MH1993GOI072051 Registered Office: Plot No. 3, Sector II, CBD Belapur, Navi Mumbai 400 614 CORPORATE SOCIAL RESPONSIBILITY POLICY WITH EFFECT

More information

Corporate Social Responsibility Policy

Corporate Social Responsibility Policy Corporate Social Responsibility Policy Approval Date: 1 May, 2018 Corporate Social Responsibility Policy Cerner Healthcare Solutions India Private Limited Table of Contents 1. Introduction 2. Objective

More information

AU SMALL FINANCE BANK LIMITED CSR POLICY APRIL, 2017

AU SMALL FINANCE BANK LIMITED CSR POLICY APRIL, 2017 AU SMALL FINANCE BANK LIMITED CSR POLICY APRIL, 2017 Contents 1. Introduction... 2 2. Objectives of the Policy... 3 3. Applicability... 4 5. CSR Principles followed by the Bank... 6 6. Implementation of

More information

NeoGrowth Credit Private Limited Corporate Social Responsibility Policy August 2018

NeoGrowth Credit Private Limited Corporate Social Responsibility Policy August 2018 NeoGrowth Credit Private Limited Corporate Social Responsibility Policy August 2018 Created Document Owner Secretarial & Legal Department The provisions of Section 135 of the Companies Act, 2013 ( the

More information

PASCHIM GUJARAT VIJ COMPANY LIMITED Registered & Corporate Office Paschim Gujarat Vij Seva Sadan

PASCHIM GUJARAT VIJ COMPANY LIMITED Registered & Corporate Office Paschim Gujarat Vij Seva Sadan CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY 1. PREAMBLE: The concept of Corporate Social Responsibility has gained prominence from all avenues. Paschim Gujarat Vij Company Limited (PGVCL) interfaces with

More information

TRIBHOVANDAS BHIMJI ZAVERI LIMITED. Corporate Social Responsibility Policy

TRIBHOVANDAS BHIMJI ZAVERI LIMITED. Corporate Social Responsibility Policy TRIBHOVANDAS BHIMJI ZAVERI LIMITED Corporate Social Responsibility Policy 1. Objective: The main objective of Corporate Social Responsibility Policy (CSR Policy) is to lay down guidelines for Corporate

More information

HIL Limited. Corporate Social Responsibility Policy

HIL Limited. Corporate Social Responsibility Policy HIL Limited Corporate Social Responsibility Policy 1. INTRODUCTION Corporate Social Responsibility ( CSR ) at HIL Limited ( Company or HIL ) portrays the deep symbiotic relationship that the Company enjoys

More information

TCG Lifesciences Private Limited - Corporate Social Responsibility (CSR) Policy

TCG Lifesciences Private Limited - Corporate Social Responsibility (CSR) Policy TCG Lifesciences Private Limited - Corporate Social Responsibility (CSR) Policy 1. Concept Corporate Social Responsibility is strongly connected with the principles of Sustainability; an organization should

More information

Tesco Bengaluru Corporate Social Responsibility Policy

Tesco Bengaluru Corporate Social Responsibility Policy Tesco Bengaluru Corporate Social Responsibility Policy 2018-19 [Section 135 of the Companies Act, 2013, read with Schedule VII of the Companies Act, 2013 and the Companies (Corporate Social Responsibility

More information

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY OF ASSAM POWER GENERATION CORPORATION LIMITED (APPROVED BY BOARD OF DIRECTORS)

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY OF ASSAM POWER GENERATION CORPORATION LIMITED (APPROVED BY BOARD OF DIRECTORS) 1. PREAMBLE: CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY OF ASSAM POWER GENERATION CORPORATION LIMITED (APPROVED BY BOARD OF DIRECTORS) The concept of Corporate Social Responsibility has gained prominence

More information

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY Review-January-2019 1. Preamble CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY Section 135 of the Companies Act, 2013 makes its mandatory to frame a Corporate Social Responsibility policy in the Bank and

More information

i) Projects or programs relating to activities specified in Schedule VII to the Companies Act, 2013; or

i) Projects or programs relating to activities specified in Schedule VII to the Companies Act, 2013; or CORPORATE SOCIAL RESPONSIBILITY POLICY I. MISSION Discovering once again the social responsibility of developing economic, social and environmental capital towards sustainability, Cigniti crafted CSR projects

More information

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY Effective Date: With the approval of the Board pursuant to its resolution dated 28.05.2014. Amended: With the approval of the Board pursuant to its resolution

More information

Mirae Asset Global Investments (India) Pvt. Ltd. Corporate Social Responsibility (CSR) Policy

Mirae Asset Global Investments (India) Pvt. Ltd. Corporate Social Responsibility (CSR) Policy Mirae Asset Global Investments (India) Pvt. Ltd. Corporate Social Responsibility (CSR) Policy 1 CONTENTS I. Introduction 3 II. Background. 3 III. Our Objectives... 4 IV. Activities enumerated in Schedule

More information

Corporate Social Responsibility and Its Disclosure: An Analysis of Present Legal Provisions in India

Corporate Social Responsibility and Its Disclosure: An Analysis of Present Legal Provisions in India 7 Corporate Social Responsibility and Its Disclosure: An Analysis of Present Legal Provisions in India Debansu Das, Associate Professor, Department of Commerce, University of Kalyani, West Bengal, India

More information

NAVNEET EDUCATION LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY

NAVNEET EDUCATION LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY NAVNEET EDUCATION LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY I PREFACE Policy Title - Corporate Social Responsibility Policy (CSR Policy) Authorised by - Board of Directors Requirement under - The

More information

JBM AUTO LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY

JBM AUTO LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY I. PREAMBLE JBM AUTO LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY The Policy outlines the Company s responsibility as a corporate citizen and lays down the guidelines and mechanism for undertaking

More information

CSR Policy of Delta Corp Limited. 1. Corporate Social Responsibility (CSR) Policy of Delta Corp Limited ( Company )

CSR Policy of Delta Corp Limited. 1. Corporate Social Responsibility (CSR) Policy of Delta Corp Limited ( Company ) CSR Policy of Delta Corp Limited 1. Corporate Social Responsibility (CSR) Policy of Delta Corp Limited ( Company ) Corporate Social Responsibility is strongly connected with the principles of Sustainability;

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY

CORPORATE SOCIAL RESPONSIBILITY POLICY CORPORATE SOCIAL RESPONSIBILITY POLICY 1. INTRODUCTION: The Board of Directors (the Board ) of Goldiam International Limited (the Company ) has adopted the following policy and procedures with regard to

More information

Aadhar Housing Finance Limited. Corporate Social Responsibility Policy

Aadhar Housing Finance Limited. Corporate Social Responsibility Policy (Version II) Aadhar Housing Finance Limited Corporate Social Responsibility Policy (Revision Effective from April, 2017) 1 Corporate Social Responsibility Policy - Revised The Company believes in engaging

More information

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY OF KALYANI FORGE LIMITED

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY OF KALYANI FORGE LIMITED CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY OF KALYANI FORGE LIMITED PHILOSOPY Kalyani Forge Limited has always respected contribution of the society in its growth story. We believe that business enterprises

More information

DRAFT TRUST DEED FOR

DRAFT TRUST DEED FOR DRAFT TRUST DEED FOR BHARAT VIKAS PARISHAD/BVP CHARITABLE TRUST THIS INDENTURE OF TRUST is made at on this day of 20 between:- (1) SHRI ( Pan No.-------------) aged about years s/of being Present president

More information

AMEYA LOGISTICS PRIVATE LIMITED

AMEYA LOGISTICS PRIVATE LIMITED AMEYA LOGISTICS PRIVATE LIMITED Corporate Social Responsibility Policy P a g e 1 I. AIMS AND OBJECTIVES The Company intends to make a positive difference to society and contribute its share towards the

More information

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY RALSON (INDIA) LIMITED 1. PREAMBLE Corporate Social Responsibility (CSR) is a way of conducting business, by which corporate entities visibly contribute to

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY (CSR POLICY)

CORPORATE SOCIAL RESPONSIBILITY POLICY (CSR POLICY) CORPORATE SOCIAL RESPONSIBILITY POLICY (CSR POLICY) Introduction APEPDCL, Visakhapatnam is i the leading Indian power utility spread across five districts in the southern state of Andhra Pradesh. It has

More information

Highway Concessions One Private Limited. Corporate Social Responsibility Policy

Highway Concessions One Private Limited. Corporate Social Responsibility Policy Highway Concessions One Private Limited Corporate Social Responsibility Policy Contents 1. Preamble... 3 2. Purpose... 3 3. Scope of CSR activities in HC1... 3 4. CSR Activities/ Projects... 4 5.1. Members...

More information

Corporate Social Responsibility Policy

Corporate Social Responsibility Policy Corporate Social Responsibility Policy Page 1 CONTENTS 1. Preamble 2. General Terms and Meanings 3. Applicability 4. Scope and Objectives 5. CSR Committee 6. Roles and Responsibilities of the Committee

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY OF SKS. Version 1 - Dated October 29, 2014

CORPORATE SOCIAL RESPONSIBILITY POLICY OF SKS. Version 1 - Dated October 29, 2014 CORPORATE SOCIAL RESPONSIBILITY POLICY OF SKS Version 1 - Dated October 29, 2014 Table of Contents 1. SHORT TITLE & APPLICABILITY... 3 2. CSR VISION STATEMENT & OBJECTIVE:... 3 3. RESOURCES & ALLOCATION

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY

CORPORATE SOCIAL RESPONSIBILITY POLICY CORPORATE SOCIAL RESPONSIBILITY POLICY WEST BENGAL INDUSTRIAL DEVELOPMENT CORPORATION LTD. "Protiti", 23, Abanindranath Tagore Sarani, Kolkata - 700017, West Bengal, India 1. About WBIDC West Bengal Industrial

More information

CSR POLICY Reliance Nippon Life Insurance Company Limited

CSR POLICY Reliance Nippon Life Insurance Company Limited 1. Name of the Policy: CSR POLICY Reliance Nippon Life Insurance Company Limited This policy may be called Reliance Nippon Life Insurance CSR Policy (hereinafter referred to as Policy or CSR Policy ).

More information

Corporate Social Responsibility (CSR) Policy

Corporate Social Responsibility (CSR) Policy KENNAMETAL INDIA LIMITED Corporate Social Responsibility (CSR) Policy (w.e.f. August 21,2015) 1 C O N T E N T S 1. Context 1.1. In the light of Companies Act, 2013 1.2. Objectives of the Policy 1.3. Definitions

More information

ASK INVESTMENT MANAGERS LIMITED. Corporate Social Responsibility Policy. 1 P a g e

ASK INVESTMENT MANAGERS LIMITED. Corporate Social Responsibility Policy. 1 P a g e ASK INVESTMENT MANAGERS LIMITED Corporate Social Responsibility Policy 1 P a g e Table of Contents CONCEPT... 3 RESOURCES... 4 PLANNING... 5 CONSTITUTION & RESPONSIBILITIES OF CSR COMMITTEE... 5 IMPLEMENTATION...

More information

Compliance Under Companies Act 2013 GMJ & Associates

Compliance Under Companies Act 2013 GMJ & Associates Compliance Under Companies Act 2013 GMJ & Associates Andheri (East), Mumbai - 400 069. Tel No. 61919222 Email id : cs@gmj.co.in Speaker: CS Bijal Gada Incorporation Topics to be covered Issue and allotment

More information

SpiceJet Limited. Corporate Social Responsibility Policy

SpiceJet Limited. Corporate Social Responsibility Policy 1. Preamble SpiceJet Limited ( SpiceJet ) is committed to operate and grow its business in a socially responsible way. Our vision is to grow our business whilst reducing the environmental impact of our

More information

CORPORATE SOCIAL REPONSIBILITY POLICY M/S. BEEKAYLON SYNTHETICS PRIVATE LIMITED

CORPORATE SOCIAL REPONSIBILITY POLICY M/S. BEEKAYLON SYNTHETICS PRIVATE LIMITED CORPORATE SOCIAL REPONSIBILITY POLICY OF M/S. BEEKAYLON SYNTHETICS PRIVATE LIMITED CONTENTS Sr. No Particulars Page No. 1 Preamble 3 2 Definitions 3 3 Policy Objectives 4 4 CSR Committee 4 5 Execution

More information

CORPORATE ADMINISTRATION UNIT 1: INTRODUCTION TO COMPANY. Characteristics of a Joint Stock Company are as follows:

CORPORATE ADMINISTRATION UNIT 1: INTRODUCTION TO COMPANY. Characteristics of a Joint Stock Company are as follows: CORPORATE ADMINISTRATION UNIT 1: INTRODUCTION TO COMPANY DEFINITION A company is an association of many persons who contribute money or money s worth to a common stock and employ it in some trade or business,

More information

DHFL Pramerica Asset Managers Private Limited Corporate Social Responsibility Policy

DHFL Pramerica Asset Managers Private Limited Corporate Social Responsibility Policy DHFL Pramerica Asset Managers Private Limited Corporate Social Responsibility Policy April 2017 DHFL Pramerica Asset Managers Private Limited (hereinafter referred to as the Company ) believes in engaging

More information

DRAFT. Madhya Pradesh MadhyaKshetraVidyutVitataran Company Limited. Corporate Social Responsibility Policy. Contents

DRAFT. Madhya Pradesh MadhyaKshetraVidyutVitataran Company Limited. Corporate Social Responsibility Policy. Contents DRAFT Madhya Pradesh MadhyaKshetraVidyutVitataran Company Limited Corporate Social Responsibility Policy Contents 1. Introduction 2. MPPKVVCL s approach towards CSR 3. Activities that can be undertaken

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY OSWAL GREENTECH LIMITED

CORPORATE SOCIAL RESPONSIBILITY POLICY OSWAL GREENTECH LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY OSWAL GREENTECH LIMITED Oswal Greentech Limited (CIN L24112PB1981PLC031099 7th Floor, Antriksh Bhawan 22, K G Marg, New Delhi-110001 Phone No: 011-23715242, Fax No:

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY

CORPORATE SOCIAL RESPONSIBILITY POLICY CORPORATE SOCIAL RESPONSIBILITY POLICY MoMagic Technologies Private Limited CIN No. U72200DL2011PTC215210 I-9, LGF, Lajpat Nagar-3, New Delhi 110 024 Phone : +91-11-49400900, Fax: +91-11-29842450 www.momagic.in

More information

Corporate Social Responsibility Policy

Corporate Social Responsibility Policy Corporate Social Responsibility Policy Corporate Social Responsibility Policy 1. Background : This document outlines the vision of Eros International Media Limited ( the Company / Eros ), India towards

More information

SBICAP Securities Ltd. (SSL)

SBICAP Securities Ltd. (SSL) Corporate Social Responsibility (CSR) Policy Approval Date: SBICAP Securities Ltd. (SSL) Corporate Social Responsibility (CSR) Policy Policy owner: Human Resources Department Version: 1.0 1 Table of Contents

More information

FAMY CARE LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY

FAMY CARE LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY FAMY CARE LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY 1 1. Introduction The Companies Act 2013 (hereinafter referred to as the Act ), has introduced the idea of CSR. It mandates qualifying companies

More information

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY 1. CONTEXT Amber Enterprises India Limited ( Amber ) has been an early adopter of Corporate Social Responsibility ( CSR ) initiatives. Along with a sustainable

More information

STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY

STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY 1 Document Control Document version This Corporate Social Responsibility Policy document is version 1.5. Revision

More information

CORPORATE SOCIAL RESPONSIBILITY POLICY

CORPORATE SOCIAL RESPONSIBILITY POLICY Agriculture Insurance Company of India Limited Highlights of the CORPORATE SOCIAL RESPONSIBILITY POLICY 1. The CSR Policy has been drafted based on the relevant section, i.e., Section 135 of The Companies

More information

BLOSSOM INDUSTRIES LIMITED

BLOSSOM INDUSTRIES LIMITED BLOSSOM INDUSTRIES LIMITED CIN: U31200DD1989PLC003122 Address: Village Jani Vankad,Nani Daman 396 210 (U.T.) Daman And Diu Blossom Industries Limited (CIN U31200DD1989PLC003122) CORPORATE SOCIAL RESPONSIBILITY

More information

FREQUENTLY ASKED QUESTIONS ON COMPANIES ACT, 2013

FREQUENTLY ASKED QUESTIONS ON COMPANIES ACT, 2013 FREQUENTLY ASKED QUESTIONS ON COMPANIES ACT, 2013 Disclaimer: The Institute has set up a dedicated e-mail id for posting operational difficulties and views relating to Companies Act, 2013. Several pertinent

More information

IMPERIAL AUTO INDUSTRIES LIMITED

IMPERIAL AUTO INDUSTRIES LIMITED IMPERIAL AUTO INDUSTRIES LIMITED Corporate Social Responsibility (CSR) Policy Page 0 Table of Contents CSR 1. CONTEXT 1.1 Objective of the Policy 1.2 Definitions 1.3 CSR Activities 1.4 The Geographic reach

More information

PNC INFRATECH LIMITED PNC CSR POLICY

PNC INFRATECH LIMITED PNC CSR POLICY PNC INFRATECH LIMITED PNC CSR POLICY 1 TABLE OF CONTENTS CHAPTER I CSR OVERVIEW AND ITS CONTEXT CHAPTER- II CSR FRAME WORK CHAPTER- III FUNDING FOR CSR ACTIVITIES CHAPTER- IV OPERATIONAL FRAMEWORK CHAPTER-

More information

Finar Limited. Corporate Social Responsibility Policy

Finar Limited. Corporate Social Responsibility Policy Finar Limited Corporate Social Responsibility Policy A. INTRODUCTION Finar Limited is committed to Social Development and empowerment. Finar Limited views Corporate Social Responsibility as a way of conducting

More information

CA Mehul Shah B. Com, F.C.A., DISA (ICAI).

CA Mehul Shah B. Com, F.C.A., DISA (ICAI). Management and Administration provisions under the Companies Act 2013 CA Mehul Shah B. Com, F.C.A., DISA (ICAI). # : 2510 0861; 2510 9990 Email : mehulshah@shah3ca.com Agenda Management and Administration

More information

Whether there is ease of doing business for Private Companies under Company Law?

Whether there is ease of doing business for Private Companies under Company Law? Whether there is ease of doing business for Private Companies under Company Law? The Ministry of Corporate Affairs ( MCA ) has exempted private companies from the compliance of certain provisions of Company

More information

Frequently Asked Questions On the provisions of Corporate Social Responsibility under Section 135 of the Companies Act 2013 and Rules thereon

Frequently Asked Questions On the provisions of Corporate Social Responsibility under Section 135 of the Companies Act 2013 and Rules thereon Frequently Asked Questions On the provisions of Corporate Social Responsibility under Section 135 of the Companies Act 2013 and Rules thereon 1 Preamble The background of these Frequently Asked Questions

More information

1 Secretarial Audit and Secretarial

1 Secretarial Audit and Secretarial 1 Secretarial Audit and Secretarial Standards - An Overview! Secretarial Audit Concept! Objective, Scope of Secretarial Audit! Benefits and Beneficiaries! Secretarial Audit Process! Professional Responsibilities

More information

A THACKERSEY GROUP COMPANY

A THACKERSEY GROUP COMPANY Background: While meeting the interest of our stakeholders, we believe in reaching out to underprivileged sections of the society and intend to make a positive difference to society. Through our small

More information

Companies Act 2013 Sections List

Companies Act 2013 Sections List 1 Short title, extent,commencement and application 2 Definitions 3 Formation of company 4 Memorandum 5 Articles 6 Act to override memorandum, articles, etc 7 Incorporation of company 8 Formation of companies

More information

Satwinder Singh Partner, Vaish Associates Advocates Central Council Member-ICSI

Satwinder Singh Partner, Vaish Associates Advocates Central Council Member-ICSI Satwinder Singh Partner, Vaish Associates Advocates Central Council Member-ICSI Satwinder@vaishlaw.com Chapter 1: Definitions Section No. Companies Act, 2013 Companies (Amendment) Bill, 2017 Section 2(6)

More information

CSR Policy. Corporate Social Responsibility Policy (CSR) of Tamilnad Mercantile Bank Limited

CSR Policy. Corporate Social Responsibility Policy (CSR) of Tamilnad Mercantile Bank Limited CSR Policy Corporate Social Responsibility Policy (CSR) of Tamilnad Mercantile Bank Limited Preamble CSR is an institutionalised effort to contribute to social well being. It covers all activities through

More information

Corporate Social Responsibility 3

Corporate Social Responsibility 3 June 28, 2014 Rakesh Agarwal Vice President Finance, Compliance and Accounts Centres of Excellence (CoE) Reliance Industries Limited rakesh.r.agarwal@ril.com +91 9820273458 Index Corporate Social Responsibility

More information

WONDERLA HOLIDAYS LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY

WONDERLA HOLIDAYS LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY WONDERLA HOLIDAYS LIMITED CORPORATE SOCIAL RESPONSIBILITY POLICY 1.0 Objective At Wonderla Holidays Ltd., (hereinafter described as the Company ) corporate social responsibility (CSR) has been the cornerstone

More information