CAIRR Update November 21, 2019

November 21, 2019

Summary of Corrigendum issued by MCA on 19/11/2019 

1. Labs established under Dept of Biotechnology added to Schedule VII dealing with CSR Contribution under the Companies Act, 2013

As per this corrigendum, contribution to National Laboratories and Autonomous Bodies, established under the auspices Department of Biotechnology (DBT) would also be treated as CSR Contribution under clause (ix) of Schedule VII.

                                                                                                                                                                                                                      (Read more…)