“RESOLVED THAT pursuant to Section 135 of the
Companies Act, 2013 & Companies (Corporate Social Responsibility Policy)
Rules, 2014, a Corporate Social Responsibility Committee (herein after
referred as ‘CSR Committee’) be constituted wef. 01st April 2014.
“RESOLVED FURTHER THAT the Composition
of CSR Committee will be as follows:
1) Mr. ________________ --- Chairman of CSR Committee
2) Mr. ________________
“RESOLVED
FURTHER THAT the roles & responsibilities of CSR Committee will be as
follows:
(a) formulate
and recommend to the Board, a Corporate Social Responsibility Policy which
shall indicate the activities to be undertaken by the company as specified in
Schedule VII of Companies Act, 2013;
(b) recommend
the amount of expenditure to be incurred on the activities referred to in
clause (a); and
(c) monitor
the Corporate Social Responsibility Policy of the Company from time to time.
(d) Adhere
to Section 135 of the Companies Act, 2013 & Companies (Corporate Social Responsibility Policy)
Rules, 2014 (including any statutory modifications, amendments or re-enactments
thereto for the time being in force).
“RESOLVED FURTHER THAT the powers so
conferred above through this resolution shall remain intact unless and until
modified or altered or amended further by way of a resolution passed by the
Board of Directors of the Company.”
