Nikunj Baheti and Stuti Agarwal, Students, Ram Manohar Lohiya National Law University, Lucknow

Finance Minister Nirmala Sitharaman, in a press conference held on 23rd August 2019, cleared all speculation regarding Corporate Social Responsibility (CSR) being a criminal offence. She announced that the government has no intention to go through the prosecution route, thereby, making Section 135 of the Companies Act, 2013 (Act) a civil offence only. Furthermore,...