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Amendment in the Companies (Corporate Social Responsibility Policy) Rules, 2014 - All About Finance

Amendment in the Companies (Corporate Social Responsibility Policy) Rules, 2014

[To be published in the Gazette of India, Extraordinary, Part II,
Section 3, Sub-section (i)]

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the  Iv 19th
 January, 2015

G.S.R.  .(E) .— In exercise of the powers conferred
under section 135 and sub-sections (1) and (2) of section 469 of the Companies
Act, 2013 (18 of 2013), the Central Government hereby makes the following rules
further to amend the Companies (Corporate Social Responsibility Policy) Rules,
2014, namely:-1. (1) These rules may be called the Companies (Corporate Social
Responsibility Policy) Amendment Rules, 2015. (2) They shall come into force on
the date of their publication in the Official Gazette. 2. In the Companies
(Corporate Social Responsibility Policy) Rules, 2014, in rule 4, in sub-rule
(2),-

(i) for the words
“established by the company or its holding or subsidiary or associate
company under section 8 of the Act or otherwise”, the words
“established under section 8 of the Act by the company, either singly or
along with its holding or subsidiary or associate company, or along with any
other company or holding or subsidiary or associate company of such other
company, or otherwise” shall be substituted; (ii) in the proviso, in
clause (i), for the words “not established by the company or its holding
or subsidiary or associate company, it”, the words “not established
by the company, either singly or along with its holding or subsidiary or
associate company, or along with any other company or holding or subsidiary or
associate company of such other company” shall be substituted.

 

[F. No.
1/18/2013-CL-V-Part]

AMARDEEP SINGH BHATIA,

Joint Secretary to the
Government of India

Note. – The principal rules were
published in the Gazette of India, Extraordinary, Part II, Section 3,
Sub-section (i), vide number G.S.R. 129(E), dated the 27th February, 2014 and
was subsequently amended by notification number G.S.R. 644(E), dated the 12th
September, 2014.

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