• Corporate Social Responsibility (CSR) Services

Helps a company be socially accountable to itself

Corporate Social Responsibility (CSR) is not just a regulatory obligation but a reflection of a company’s commitment to social and environmental welfare. As per the Companies Act, 2013, certain companies are required to allocate a portion of their profits toward CSR initiatives. At our firm, we offer end-to-end CSR compliance and advisory services, ensuring that businesses not only comply with legal mandates but also enhance their social impact and sustainability.

We are a team of experienced Practising Company Secretaries with expertise in CSR governance, implementation, and compliance. Our services are designed to help companies align their CSR activities with their long-term sustainability goals, while ensuring adherence to the latest regulatory frameworks.

Our CSR Services Include:

CSR Policy Formulation and Implementation

As part of the compliance framework, we assist in the drafting and implementation of CSR policies in line with the provisions of Section 135 of the Companies Act, 2013. Our services include:

Designing and structuring CSR policies based on the company’s financial capabilities and sector priorities
Ensuring alignment with Schedule VII of the Companies Act, which lists eligible CSR activities
Implementing CSR policies with clear roles, responsibilities, and measurable objectives
Providing strategic guidance on choosing the right CSR initiatives that have the maximum social impact

CSR Compliance & Legal Advisory

We offer ongoing legal and compliance support for companies to ensure compliance with CSR regulations. This includes:

Monitoring CSR fund utilization and ensuring compliance with the allocated budget
Ensuring companies fulfill the mandatory CSR expenditure requirements
Advising on CSR reporting and documentation as per legal requirements
Providing advisory on appropriate mechanisms for donation and fund management
Guiding companies on the transfer of unspent CSR funds to a designated bank account or appropriate government funds, if necessary

CSR Project Identification, Planning, and Execution

Identifying impactful CSR projects that align with the company’s mission is crucial for sustainable social development. We help businesses:

Identify CSR initiatives aligned with Schedule VII of the Companies Act, focusing on areas such as education, health, environment, rural development, and more
Partner with credible NGOs and implementation agencies for executing CSR projects
Plan and structure CSR projects to maximize community engagement and long-term impact
Monitor and evaluate CSR project performance for measuring outcomes and ensuring project success

CSR Committee Formation and Advisory

For companies with mandatory CSR obligations, forming and functioning of the CSR Committee is vital. Our team assists by:

Advising on CSR Committee formation, including roles and responsibilities of members
Ensuring proper record-keeping of committee meetings and decisions
Providing legal advice on the committee’s decision-making powers and CSR fund allocation
Ensuring the transparency of the CSR Committee’s decisions and actions

CSR Reporting and Disclosures

We help companies prepare and submit accurate CSR reports and disclosures, as required under the Companies Act, 2013. This includes:

Preparation of CSR annual reports to be included in the company’s Board Report
Ensuring proper disclosure of CSR spending and activities in the company’s Director’s Report
Filing CSR-2 forms with the Ministry of Corporate Affairs (MCA)
Ensuring the audit of CSR activities to verify the correct utilization of funds

Due Diligence of NGOs and Implementing Agencies

Partnering with reputable NGOs or social organizations is key to executing CSR programs effectively. Our services include:

Conducting due diligence on NGOs, ensuring compliance with regulatory requirements
Verifying the credibility and past track record of implementing agencies before entering into partnerships
Drafting contracts and MOUs with NGOs for smooth collaboration and implementation of CSR projects

Advisory on Unspent CSR Funds

Companies may find that they have unspent CSR funds at the end of a financial year. We assist businesses in:

Ensuring compliance with the requirement to transfer unspent funds to a specified government account or the PM CARES Fund
Advising on strategies for preventing unspent CSR funds, including project planning and budgeting
Ensuring proper disclosures and reporting regarding the treatment of unspent CSR funds

Impact Assessment and Monitoring

We help businesses evaluate the effectiveness of CSR initiatives to ensure their social impact is meaningful and sustainable:

Monitoring ongoing CSR projects and ensuring they meet the desired objectives
Conducting impact assessments to measure the long-term social, environmental, and economic benefits of CSR projects
Providing feedback and recommendations for improvement in future CSR activities

Advisory on CSR Tax Benefits and Exemptions

We provide advice on the tax implications of CSR activities, helping companies optimize their CSR spending while adhering to the law. This includes:

Advisory on CSR-related tax exemptions and benefits
Ensuring that companies can maximize tax benefits related to CSR contributions under applicable tax laws

Why Choose Our CSR Services?

Comprehensive Expertise

Our team of Practising Company Secretaries brings a wealth of knowledge in CSR compliance, governance, and reporting.

Tailored Solutions

We provide customized CSR strategies that align with your business goals and sustainability objectives.

Regulatory Compliance

We ensure that your CSR activities adhere to the latest provisions of the Companies Act, 2013, and other relevant laws.

Impactful Execution

We assist you in designing and executing CSR programs that create a real difference in society.

Transparency and Accountability

Our focus on transparency and accountability in CSR helps you maintain your business’s credibility and trustworthiness.

  • At our firm, we are committed to helping businesses navigate CSR requirements efficiently, drive social change, and fulfill their obligations under the Companies Act, 2013. Our comprehensive CSR services ensure that your company’s CSR strategy is legally compliant, impactful, and aligned with your overall business goals. Contact us today for CSR compliance and advisory solutions that make a difference!
  • Our Capabilities

Why Choose Us?

Experienced Team

A highly skilled and dynamic team of Company Secretaries, legal professionals, and business advisors

Proven Track Record

Successfully assisting a diverse clientele across multiple sectors

Industry Expertise

In-depth knowledge of corporate laws, securities laws, and regulatory frameworks

Pan-India Presence with Northern India Focus

Assisting businesses with local expertise and national reach

Partner with us for a seamless and hassle-free experience from inception to successful execution. We take pride in managing the complexities, and ensuring compliance and regulatory conformity, so you can dedicate your efforts to driving business development and advancement. Contact us now and take the first step toward success!