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V.S. Datey on Companies Act, 2013
  • Csr expenditur

    by nimish vayawala on Monday, August 12, 2019 at 11:16 AM

    can madnatory provision of company law regarding CSR be challanged as ultra vires it does not come within administratve aspect of company affairs it affects the right to property individuals firms having much larger profit are not required to spent is it discriminatory is CSR compulsory in Europe Us

    Replied byV.S. Datey Tuesday, August 13, 2019 at 08:47 AM

    CSR is not compulsory anywhere else, to my knowledge about challenge - it is change in Act i.e. within Parliament's power - not administrator of company law Law is confiscatory - that argument can be made - but not sure how Supreme Court will take it V S Datey

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