Law · Company Law
Under Section 135(1) of the Companies Act, 2013, which companies are required to constitute a Corporate Social Responsibility (CSR) Committee during the immediately preceding financial year?
- 1Net worth of ₹500 crore or more, turnover of ₹1,000 crore or more, or net profit of ₹10 crore or more
- 2Net worth of ₹500 crore or more, turnover of ₹1,001 crore or more, or net profit of ₹5 crore or more
- 3Net worth of ₹500 crore or more, turnover of ₹1,000 crore or more, or net profit of ₹5 crore or more✓
- 4Net worth of ₹100 crore or more, turnover of ₹1,000 crore or more, or net profit of ₹5 crore or more
Correct answer
Net worth of ₹500 crore or more, turnover of ₹1,000 crore or more, or net profit of ₹5 crore or more
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