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Law · Q16

Indian Companies Act

Graduate and Post Graduate · Law · question 16

Q16

Which of the following Companies will have to constitute Corporate Social Responsibility Committee under the Companies Act, 2013

A.
A company having a net profit of 2.5 crores in a financial year, a net worth of 300 crores and a turnover of rupees 800 crore
B.
A company having a net profit of 3 crores, in a financial year, a net worth of 300 crores and a turnover of rupees 600 crore
C.
A company having a net profit of 5 crore or more, a net worth of 500 crores and a turnover of rupees 1000 crore or more
Answer
D.
A company having a net profit of 5 crores or more, a net worth of 500 crores and a turnover of rupees 5000 crore or more

Answer: Option C

Solution

Answer: Option C
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