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Whether the provisions of CSR are applicable to section 8 companies or not?

Open uri20170510 32134 7ezpi6?1494421819 jaggu asked about 3 years ago

What are the consequences for non-compliance of CSR provisions? Whether the provisions of CSR are applicable to section 8 companies or not?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 veeru answered almost 3 years ago

It categorically states that Every Company having - (i) Net worth of rupees five hundred crore or more, or (ii) Turnover of rupees one thousand crore or more, or (iii) Net profit of rupees five crore or more

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