The Indian Companies Act, 2013 (ICA, 2013) which consolidates CSR clause gives more clarity on standardizing the meaning of CSR within the Indian setting and a favorable arrangement environment to the companies. The mandatory arrangements joined within the Act will help in making consistency and responsibility of activities and the capacity degree the affect will be a step in a positive course. In any case, industry is anxious that usage of this arrangement is bound to toss up challenges since of the or maybe prescriptive way rules have been defined. Considering these, the paper analyzes provision regarding CSR and the issues and challenges which will posture in execution of CSR with reference to arrangements of Indian Companies Act. The ponder is basically expressive in nature. The discoveries recommend that there are few issues like limited topical zones with geographic center, advancement of CSR ahead of corporate duties, commitment to reserves set up by Government, FCRA Direction and others which got to be tended to utilize CSR deliberately to attain more feasible businesses.
Volume 12 | 07-Special Issue
Pages: 2389-2394
DOI: 10.5373/JARDCS/V12SP7/20202367