No better opportunity than the present time for private companies to exercise their CSR duty

The Nagpur Bench of the Bombay High Court expressed its disappointment at the response it received from private sector companies operating in Vidarbha on the availability of Corporate Social Responsibility (CSR) funds for strengthening the healthcare system in the region.

The Court observed that the companies had a good opportunity to discharge their statutory duty under Section 135 of the Companies Act, 2013 in the present circumstances.

They were also directed to make a request to the companies to release CSR funds available for use.

These directions were passed during the hearing of the suo motu Public Interest Litigation (PIL) on issues pertaining to COVID-19 management in Nagpur and neighbouring districts.

The Bench of Justices SB Shukre and AG Gharote sought detailed information on the availability of CSR funds to aid COVID-19 relief efforts.

Recent Posts

See All