Home Business 196 companies to face penal action for CSR norms violations: Govt

196 companies to face penal action for CSR norms violations: Govt

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(G.N.S) Dt. 02 New Delhi The Corporate Affairs Ministry has given permission for penal action against 196 companies for violating CSR norms in 2014-15 fiscal, according to Union Minister P P Chaudhary. Under the Companies Act, 2013, certain class of profitable entities are required to shell out at least two

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