Mar 31, 2022

Amendment Requiring Report on CSR in Form CSR-2

The MCA, by a Notification dated February 11, 2022, amended the Companies (Accounts) Rules, 2014, to insert a new form CSR-2. This requires every company covered under Section 135(1) of the Companies Act, 2013, (i.e., every company that meets the prescribed corporate social responsibility (‘CSR’) related thresholds and is required to form a CSR committee of its board) to furnish a report on CSR in form CSR-2 for the financial year 2020-2021, and onwards as an addendum to forms AOC-4, AOC-4 XBRL, or AOC-4 NBFC (Ind AS), as the case may be.




These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.