Ministry of Corporate Affairs Brings Amended CSR Rules into Effect

The Ministry of Corporate Affairs (MCA) has amended the Companies (Corporate Social Responsibility Policy) Rules, 2014 through notification dated January 22, 2021. These rules may be called the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021.

New Provisions

  • Every entity that intends to undertake any CSR activity will have to register itself with the Central Government by filing the form CSR-1 electronically with the Registrar of Companies, with effect from April 1, 2021.
  • Form CSR-1 shall be signed and submitted electronically by the entity and shall be verified digitally.
  • On the submission of the Form CSR-1 on the portal, a unique CSR ....
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