Trusts and societies have till April 1 to register with MCA under CSR rules

CSR rules notified by MCA; multi-year projects allowed with a time-limit of three years

New draft rules set to clamp down on CSR activities through trusts
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Each CSR project would be given a unique registration number upon submission of the Form CSR-1 which can be used to track the project.

Ruchika Chitravanshi
The corporate social responsibility rules that came into effect from Friday have given time till April 1, 2021 to implementing agencies such as trusts and societies to register with the ministry of corporate affairs while also setting a three year time-limit for any CSR project, among a series of other amendments introduced by the government.  

“It is a one-time registration in a simple single-page form where details of the members, PAN number etc has to be provided which can help us identify the implementing agencies on the MCA21 portal,” a senior government official told Business Standard. 

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First Published: Jan 22 2021 | 9:05 PM IST

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