Csr

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 September 2017 Dear Sir / Madam,

As per CSR Rules, our company invest in a Registered Trust who is doing CSR Activities. Our One Director is one of the Trustee.
Querry :- Can the company can make CSR -investment in the trust where he is trustee ???

The director is a member of Rotary Club.
Querry : - Can the company make CSR investment in Rotary Club where the one of the Director is Member ???

kindly Guide
csjanki@gmail.com

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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27 September 2017 Yes
A Trustor/Society promoted by the Company can be controlled by the Company. There is no requirement of having Independent management or Directors in such Trust or Society promoted by the Company, i.e. the Director or his relatives can be the Trustees in such Trusts or be a part of the Governing Body of the Society

Querist : Anonymous

Querist : Anonymous (Querist)

27 September 2017 can you please share the section as my md want to know where in act mentioned.
pls guide

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