Question
The Board of every company referred to in section 135
(1), shall ensure that the company spends, in every financial year, at least two per cent of the average net profits of the company made during the _________________Solution
Section 135. Corporate Social Responsibility: (5) The Board of every company referred to in sub-section (1), shall ensure that the company spends, in every financial year, at least two per cent. of the average net profits of the company made during the three immediately preceding financial year, or where the company has not completed the period of three financial years since its incorporation, during such immediately preceding financial years, in pursuance of its Corporate Social Responsibility Policy.
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