The functions of the CSR Committee under the statute.
CS Executive · Company Law and Practice · PYQS · June 2026
The functions of the CSR Committee under the statute.
Answer & Explanation:
Functions of the CSR Committee [Section 135(3)]: To formulate and recommend to the Board, a CSR Policy which would indicate the activities to be undertaken by the company in areas or subject, specified in Schedule VII of the Act. To recommend the amount of the expenditure to be incurred on the activities undertaken in pursuance of the CSR policy. To monitor the CSR policy of the company time to time.
Topics: Corporate Social Responsibility (CSR)
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