⁴[6. CSR Policy

(1) The CSR Policy of the company shall, inter-alia, include the following namely :-

(a) a list of CSR projects or programs which a company plans to undertake1[areas or subjects specified in] of the  Schedule VII of the Act, specifying modalities of execution of such project or programs and implementation schedules for the same; and

(b) monitoring process of such projects or programs:

³[Provided that the CSR activities does not include the activities undertaken in pursuance of normal course of business of a company.]

Provided ³[further] that the Board of Directors shall ensure that activities included by a company in its Corporate Social Responsibility Policy are related to  2[areas or subjects specified in Schedule VII] of the Act.

(2) The CSR Policy of the company shall specify that the surplus arising out of the CSR projects or programs or activities shall not form part of the business profit of a company.]

Amendments

"areas or subjects specified in Schedule VII"

3. Omitted by the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020. Dated 24.08.2020

4. Omitted by the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021. Dated 22.01.2020      Amendment effective date 22nd January 2021