What is the definition of the 'Ongoing Project' in the CSR Rules in India

As per the CSR Amendments dated 22 Jan. 2021

Team CSRBOX

Last Update il y a 4 ans

Ongoing Project: means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding

three years excluding the financial year in which the project commenced and shall include such project that was initially not approved as a

multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification. 

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