Tata Motors Case Study Summary

921 Words4 Pages
1. As per companies act , section 135 states that each company having • Net worth of Rs. 500 crore or more, • Turnover of Rs. 1000 crore or more, • Net profit of Rs. 5 crore or more during any fiscal year shall constitute a Corporate Social Responsibility Committee of the Board which will consist of at least three directors, out of which one director should be an independent director. The percept of CSR panel should be • To plan and prescribe to the Board, an arrangement of CSR, which shows the exercises to be embraced by the organization as determined in schedule VII. • To recommend the measure of expenditure to be incurred on the activities described above. • To screen the CSR policy of the organization every now and then…show more content…
Tata Motors secured net worth 37,758 crore INR and Net Profit after Tax of 334.52 crore INR in fiscal year 2013-14 and is the largest automobile company in india, 5th largest truck manufacturer and 4th largest bus manufacturer in the world. The company has three member board committee as follows: R A Mashelkar (Chairman of the board) Attended 1 meeting Falguni Nayar (Director) Attended 1 meeting Late Karl Slym (Director) ------ The last meeting was held on 14th march…show more content…
After that they reconstituted CSR committee in Nov. 2013 in accordance with provisions of section 135 act. Their Vision is: • Solicit active participitation from trust, NGO’s, local communities and government. • Formed meaning stakeholder partnership in developing programs for lasting impact. (Courtesy: http://www.tatamotors.com/sustainability/pdf/annualSustainabilityReport2013-14.pdf) Entries to the schedule VII of companies act 2013 Projects & Program taken by the company Modalities of

More about Tata Motors Case Study Summary

Open Document