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In the last article, we discussed the Social Stock Exchange: objectives, benefits, History, Global Scenario and Social Enterprise. Now, let’s understand about registration requirements and fund-raising instruments. Registration Once the “Primary of Social Intent” requirements have been met, further below are the eligibility criteria- Additional documentation requirements for registration to be checked on BSE & NSE Social stock exchange from […]

“Social Stock Exchange” Have you heard this term or concept for the first time? Before we begin with the history of it, let’s understand why it was required in India. In India at present, the social-development sector receives funding through multiple sources spanning corporate social responsibility (CSR), philanthropy, charity and government funding. However, the resources are not uniformly accessed by social enterprises. The […]

Form CSR-1 Applicability Form CSR 1 refers to the registration form for securing CSR funding. This Form is specified as Registration of Entities for undertaking CSR activities by the Ministry of Corporate Affairs. As per Rule 4 of The Companies (CSR Policy) Rules 2014 (a) Every entity who intends to undertake any CSR activity, shall register itself with the Central […]

Concept of CSR Companies should consider not only their profitability and growth but also the interests of society and the environment by taking responsibility for the impact of their activities on stakeholders, the environment, consumers and employees. It’s a legal responsibility that casts upon a corporate body to address the socio-economic-environment issues the nation faces. The Companies Act, 2013- Section […]

The Companies Act, 2013- Section 135 of the Companies Act along with The Companies (CSR Policy) Rules 2014 and Schedule VII has introduced the concept of CSR in India to the forefront. The CSR amendment has thrown a focus on the need for companies to define and measure the impact of their larger CSR programs. The Ministry of Corporate Affairs’ […]

CSR in India: A Quick Snapshot India became the first country to legislate the need to undertake CSR activities and mandatorily report CSR initiatives under the new Companies Act 2013.  Concept: CSR is generally understood as being the way through which a company achieves a balance of economic, environmental, and social imperatives (“Triple-Bottom-Line- Approach”), while at the same time addressing […]

India is the first and only country in the world which has mandated Corporate Social Responsibility (CSR) for certain corporate entities. Inclusion of CSR in the statue is a unique provision in the world. In simple terms CSR is a company’s sense of responsibility towards the community and environment in which it operates. The Concept of CSR has been imbibed […]