CSR & Law

This category contains 4 posts

Sustainable Business Practices as regulated by SEBI in India

The legislation around sustainable responsible practices by businesses in India is limited to guidance like the National Voluntary Guidelines, which the Securities and Exchange Board of India (SEBI) had asked the top 100 firms to adopt a few years back. SEBI as per its circular dated August 13, 2012 mandated the inclusion of a “Business … Continue reading

A Summary of the High Level Committee Recommendations for the Effective Implementation of the CSR Mandate

In line with the national endeavor to include those sections of the society in the growth process, which had hitherto remained excluded from the mainstream of development, CSR was conceived as an instrument for integrating social, environmental and human development concerns in the entire value chain of corporate business in India.  The principle of “inclusive … Continue reading

The Emergence of a New Area of Legal Practice: Corporate Social Responsibility

‘The great debate for lawyers in the coming century is …whether the ascendancy of economics, competition and technology, unrestrained, will snuff out what is left of the nobility of the legal calling and the idealism of those who are attracted to its service.’-The Hon Justice Michael Kirby AC CMG, Legal Professional Ethics in Times of … Continue reading

Legal Framework governing Corporate Social Responsibility (CSR) in India

In an unprecedented move, India became one of the first countries in the world to legally mandate CSR expenditure for companies satisfying a certain criteria in August, 2013. Before an attempt is made to explore this concept of CSR both in a legal and a managerial context, it is important to get well versed with … Continue reading