Board resolution for constitution of CSR Committee under Companies Act, 2013 with delegation, compliance and CSR governance clauses.
“RESOLVED THAT pursuant to the provisions of Section 135 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Corporate Social Responsibility Policy) Rules, 2014, including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force, the Corporate Social Responsibility Committee (“CSR Committee”) of the Board be and is hereby constituted comprising the following members:
RESOLVED FURTHER THAT the CSR Committee be and is hereby authorised to formulate and recommend the Corporate Social Responsibility Policy, recommend CSR expenditure, monitor CSR projects/programmes and perform such other duties and functions as may be prescribed under the Companies Act, 2013 and rules made thereunder.
RESOLVED FURTHER THAT any Director and/or Company Secretary of the Company be and are hereby severally authorised to do all such acts, deeds and things as may be necessary for giving effect to this resolution.”
No rules under this Section yet.