Wednesday, May 25, 2011

COMPANIES WILL REQUIRE SHAREHOLDERS CONSENT FOR CSR ACTIVITIES

To check ad hocism and get more transparency in the system , companies may have to take approval from the shareholders for their philanthropic aspirations.The government has already initiated the process and the New Companies Bill may soon include this condition.
Follow the link below to know more on this
http://epaper.hindustantimes.com/PUBLICATIONS/HT/HD/2011/05/25/ArticleHtmls/Shareholder-approval-key-for-CSR-activities-25052011703002.shtml?Mode=1

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