Breaking Update for Companies – Companies (Amendment) Bill, 2025
The Government has proposed important changes to the Companies Act, 2013 through the new Companies (Amendment) Bill, 2025. Once notified, these changes will become applicable.
A major update relates to Section 135 – Corporate Social Responsibility (CSR):
• Any company with – Net worth of ₹100 crore or more, or – Turnover of ₹500 crore or more, or – Net profit of ₹3 crore or more in the previous financial year must form a CSR Committee.
• The CSR Committee must have 3 or more directors, including: – At least 1 Independent Director, and – At least **1 director with strong experience in planning and implementing CSR projects.
• If the company is not required to appoint an Independent Director under Section 149(4), then the CSR Committee should have minimum 2 directors.
This amendment aims to strengthen governance and ensure better planning and implementation of CSR activities. For Updates, compliance support & expert guidance connect with us! Team Vvityabazar +91 8376011028