CORPORATE & COMMERCIAL
CSR disclosure requirements for companies
On February 11, 2022, MCA amended the Companies (Accounts)
Amendment Rules, 2022 (Amendment), effective
immediately. As per the Amendment, every company covered under
Section 135 of the Companies Act, 2013 shall furnish a report on
Corporate Social Responsibility (CSR) with MCA in
Form CSR-2 to the Registrar for the preceding financial year
(2020-2021) and onwards.
The newly introduced Form CSR-2 is required to be filed by the
following companies falling under the purview of Section 135,
Companies Act, 2013:
- Companies having net worth of INR 500 crore
- Companies with turnover of INR 1000 crore or more
