Muneem, is the Chief Manager of Swayan Seva Trust, a registered trust. It is an established Trust which is seeking funds from Corporates, out of their Corporate Social Responsibility (CSR) corpus. One of the trustees ask

In terms of Section 135 of the Companies Act, 2013 read with Rule 4 (1) of Companies (Corporate Social Responsibility Policy) Rules, 2014, apart from the Company itself, following entities are eligible to undertake CSR activities- A company established under section 8 of the Act, or a registered public trust or a registered society, exempted under sub-clauses (iv), (v), (vi) or (via) of clause (23C) of section 10 or registered under section 12A and approved under 80 G of the Income Tax Act, 1961, established by the company, either singly or along with any other company; or A company established under section 8 of the Act or a registered trust or a registered society, established by the Central Government or State Government; or Any entity established under an Act of Parliament or a State legislature; or A company established under section 8 of the Act, or a registered public trust or a registered society, exempted under sub-clauses (iv), (v), (vi) or (via) of clause (23C) of section 10 or registered under section 12A and approved under 80 G of the Income Tax Act, 1961, and having an established track record of at least three years in undertaking similar activities. For the purpose of clause (c), the term "entity" shall mean a statutory body constituted under an Act of Parliament or State legislature to undertake activities covered in Schedule VII of the Act. Procedure for registration of entities is given as under: As per Rule 4 (2) of Companies (Corporate Social Responsibility Policy) Rules, 2014, every entity, covered under Rule 4(1), who intends to undertake any CSR activity, shall register itself with the Central Government by filing the form CSR-1 electronically with the Registrar. The Form CSR-1 shall be signed and submitted electronically by the entity and shall be verified digitally by a Chartered Accountant in practice or a Company Secretary in practice or a Cost Accountant in practice. On the submission of the Form CSR-1 on the portal, a unique CSR Registration Number shall be generated by the system automatically for registration of entity. Considering the above, Swayan Seva Trust can receive CSR funds if it has an established track record of at least three years in undertaking similar activities and completes registration formalities on the MCA portal by filing form CSR-1.