As regulators across India grapple with the impact of COVID-19, amendments and relaxations are announced constantly. On 23 March 2020, the Ministry of Corporate Affairs (“ MCA ”), announced that corporate expenditure on fighting COVID-19 will constitute eligible expenditure towards corporate social responsibility (CSR) . CSR is the obligation laid on companies requiring them to spend a portion of their income in giving back to the society in which they prosper. Every company having: · a net worth of INR 500,00,00,000 (Indian Rupees Five Hundred Crores) or more, or · turnover of INR 1000,00,00,000 (Indian Rupees One Thousand Crores) or more or · a net profit of INR 5,00,00,000 (Indian Rupees Five Crores) or more during the 3 immediately preceding financial years from ...