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Govt mandates companies to disclose investments in cryptocurrencies

Govt asks companies to also reveal CSR spend, benami property transactions from FY22

Topics
Ministry of Corporate Affairs | cryptocurrency | Corporate social responsibility

Shrimi Choudhary & Indivjal Dhasmana  |  New Delhi 



company, board, management, policy, marketing, plans, growth, diversity, gender
Companies will also have to disclose their relationship with struck-off firms and the details of title deeds of immovable property not held in the name of the company

The (MCA) has made amendments to rules in the Companies Act, mandating firms to disclose their investments in cryptocurrencies, spend on (CSR), and benami property transactions, among others, in their financial statements from the next financial year.

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First Published: Fri, March 26 2021. 01:41 IST

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