Question
You represent a Private Equity Fund which had invested in a company to the extent of 26% two years back. The company has done well
You represent a Private Equity Fund which had invested in a company to the extent of 26% two years back. The
company has done well financially in the last two years. The company does not meet the threshold of the CSR law in
India but the promoters of the company would now like the company to start engaging in CSR activities voluntarily. You
are aware that any expenditure on CSR will reduce the cash and bank balances of the company, thus reducing your
eventual return on investment. Will you oppose this move? If so, why?
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Dynamic Business Law The Essentials
Authors: Nancy Kubasek, Neil Browne, Daniel Herron
2nd edition
978-0077630430, 77630432, 73524972, 978-0073524979
