• Shri S. T. Murashillin

Change is the order of the today’s world. Corporate Social Responsibility is the shift of focussing from the profit orientation to the contribution for the social cause. Companies Act is not the exception to this order of the change. As the establishment of company was to earn the maximum profit in general, the other aspects were given least importance. Especially, the philanthropic attitude was an option to the companies. Hence, the erstwhile Companies Act 1956 was not bent upon over that issue. However, the recent Companies Act 2013 has made it compulsory to every prescribed company having net worth of 500 crore or more or turnover of Rupees 1000 crore or more or net profit of Rupees 5 crore or more during any financial year shall spend at least 2% of its average net profits for the past 3 years towards the activities concerning to the corporate social responsibility. The provisions as regards to Corporate Social Responsibility acts as sort of control over companies who have to spend at least 2% of its profits towards only those activities relating to Corporate Social Responsibility and prohibiting the improper expenditure.

Companies, Companies Act 2013, Corporate Social Responsibility, Policy, CSR activities, CSR as a control over companies.

"CORPORATE SOCIAL RESPONSIBILITY: A MEANS TO CONTROL OVER COMPANIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 3, page no.823-827, March-2020, Available :http://www.jetir.org/papers/JETIR2003428.pdf

"CORPORATE SOCIAL RESPONSIBILITY: A MEANS TO CONTROL OVER COMPANIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 3, page no. pp823-827, March-2020, Available at : http://www.jetir.org/papers/JETIR2003428.pdf