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Define provisions under section 135(1) of Companies Act, 2013. |
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Answer» Every Company having a net worth of rupees five hundred crore or a turnover of rupees one thousand crore or more or a net profit of rupees five crore or more, during any financial year, shall constitute a corporate social responsibility committee of the board consisting of three or more directors, out of which at least one director shall be an independent director. [Section 135(1)]. |
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