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V.S. Datey on Companies Act, 2013
  • Developing Cricket stadium - is a CSR activity?.

    by Rachit on Tuesday, July 20, 2021 at 02:25 PM

    Respected Sir, Can a Company contribute funds to the State Cricket Association for the construction of a cricket stadium under the CSR framework under the activity "Nationally recognized sport" as given in Sch VII?

    Replied byV.S. Datey Friday, July 23, 2021 at 09:35 AM

    the words used are 'training to promote rural sports, nationally recognised sports, paralympic sports and Olympic sports' - can construction covered under training? V S Datey

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