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CSR - Breaking the Boundaries Alhad Oak Co-founder | LegaLogic Consulting

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Page 1: Csr    breaking the boundaries for CAs-CSs

CSR - Breaking the Boundaries

Alhad Oak

Co-founder | LegaLogic Consulting

Page 2: Csr    breaking the boundaries for CAs-CSs

Schedule VII

• eradicating extreme hunger and poverty;

• promotion of education;

• promoting gender equality and empowering women;

• reducing child mortality and improving maternal health;

• combating human immunodeficiency virus, acquired immune deficiency syndrome, malaria and other diseases;

• ensuring environmental sustainability;

LegaLogic

Page 3: Csr    breaking the boundaries for CAs-CSs

Schedule VII

• employment enhancing vocational skills;

• social business projects;

• contribution to • Prime Minister's National Relief Fund

• Central Government Fund

• State Governments for socio-economic development and relief

• Funds for welfare of Scheduled Castes, Scheduled Tribes, other backward classes, minorities and women;

• such other matters as may be prescribed

LegaLogic

Page 4: Csr    breaking the boundaries for CAs-CSs

Sustainable Implementation of CSR

• CSR Policy

• Procedures

• Employee Engagement

• Management Support

• Identification of CSR Project

• Implementation Challenges

• Budgets

• Life Cycle Monitoring

• Sustainability

LegaLogic

Page 5: Csr    breaking the boundaries for CAs-CSs

Identify Appropriate CSR Project

• Financial Due Diligence• Legal Due Diligence• Purpose vis-à-vis Schedule VII• Compliance to Companies Act• Management or Founders’ Passion• Impact to the Society • Awards, Press Media • Involvement Based Model

LegaLogic

Page 6: Csr    breaking the boundaries for CAs-CSs
Page 7: Csr    breaking the boundaries for CAs-CSs

Vatsalya Trust

• Vatsalya Trust

• More than 1,121 adoptions

• Formed in 1983

• Owns 20,000 sq. ft. area in 4 storied building at Kanjur Marg

• Orphanage, Adoption, Documentation, Training & Research

• Early intervention

• Patient Assistant Programme

• Computer Training

• Cell for Physically and Mentally Handicapped kids

• Old Age House

• Balikashram – Nursing

• Lady Taxi Driving Initiative

• www.vatsalyatrust.org

LegaLogic

Page 8: Csr    breaking the boundaries for CAs-CSs
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Gharkul

• Centre for Mentally Challenged Students

• Started 2007

• Around 50 Students

• Need Speech Therapist

• Need Clinical Psychologist

• Plan to Create a Residential Project

• www.gharkul.org

LegaLogic

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Sahyadri Nisarg Mitra

• Nature Conservation Projects

• Conservation of • Vultures

• Olive Ridley Turtles

• Pangolin

• Indian Swiftlet

• www.snmcpn.org

LegaLogic

Page 12: Csr    breaking the boundaries for CAs-CSs

Thank You

LegaLogic