Table of Contents

From CSR to MCSR: The Journey Towards Mandatory Corporate Social Responsibility in India.

Arup Mukherjee, Xavier Institute of Social Service
Ratnesh Chaturvedi, Xavier Institute of Social Service

Evolution, Not Revolution: A Legislative History of the New York Prudent Management of Institutional Funds Act

Harvey P. Dale, New York University School of Law
Victoria Bjorklund, Simpson Thacher & Bartlett LLP
Jennifer Reynoso, Simpson Thacher & Bartlett LLP
Jillian P. Diamant, Simpson Thacher & Bartlett LLP

Review of the Economic Legislation in June 2014

Irina Tolmacheva, Gaidar Institute for Economic Policy
Julia Grunina, Gaidar Institute for Economic Policy


NONPROFIT & PHILANTHROPY LAW eJOURNAL

"From CSR to MCSR: The Journey Towards Mandatory Corporate Social Responsibility in India." Free Download
Golden Research Thoughts, ISSN No.2231-5063, Vol.-III, Issue-II, August-2014

ARUP MUKHERJEE, Xavier Institute of Social Service
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RATNESH CHATURVEDI, Xavier Institute of Social Service
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Corporate social responsibility earlier applied as corporate philanthropy has been in practice in India since ages. Also, it has been well complimented by the role of the Tata's, Birla's and other large companies since a long time. However, philanthropy in the globalised and modern India, does not solve the purpose in quality and quantity. The Lok Sabha of India on 18th December 2012 approved the mandatory CSR bill amending the Companies Act 1956. The corporate sector of India has been up in arms and the proposed bill was kept hanging since August 2008. The parliamentary bill of 2009 put up to ensure mandatory CSR spending for companies has faced severe criticism from the corporate world of India. The article aims at analysing the motive of the bill itself and the outstanding reasons for the echo of opposition of the bill across industries in India. The article also attempts to look in to the history of CSR in India along with the need of the hour.

"Evolution, Not Revolution: A Legislative History of the New York Prudent Management of Institutional Funds Act" Free Download
New York University Journal of Legislation and Public Policy, Vol. 17, No. 2, 2014

HARVEY P. DALE, New York University School of Law
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VICTORIA BJORKLUND, Simpson Thacher & Bartlett LLP
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JENNIFER REYNOSO, Simpson Thacher & Bartlett LLP
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JILLIAN P. DIAMANT, Simpson Thacher & Bartlett LLP
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Review of the legislative history of the New York Prudent Management of Institutional Funds Act comparing it to the Uniform Prudent Management of Institutional Funds Act and making suggestions for legislative and regulatory amendments and clarifications.

"Review of the Economic Legislation in June 2014" Free Download
Russian Economic Developments. Moscow. 2014, #7, p. 42

IRINA TOLMACHEVA, Gaidar Institute for Economic Policy
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JULIA GRUNINA, Gaidar Institute for Economic Policy
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In June, the following amendments were introduced into the legislation: the list of grounds for carrying out extraordinary inspection of non-profit organizations; amendments aimed at expansion of the methods of provision of insurance services by means of electronic sales by individual types of insurance.

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LSN SUBJECT MATTER EJOURNALS

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Northwestern University - School of Law, Northwestern University - Kellogg School of Management, European Corporate Governance Institute (ECGI)
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Advisory Board

Nonprofit & Philanthropy Law eJournal

ELLEN P. APRILL
John E. Anderson Professor of Tax Law, Associate Dean for Academic Programs, Loyola Law School Los Angeles

EVELYN BRODY
Professor of Law, Chicago-Kent College of Law

JOHN DAVID COLOMBO
Albert E. Jenner, Jr. Professor of Law, University of Illinois College of Law

HARVEY P. DALE
University Professor of Philanthropy and the Law, Director - National Center on Philanthropy and the Law, New York University School of Law

DARRYLL K. JONES
Professor of Law, Stetson University College of Law

BEVERLY I. MORAN
Professor of Law and Sociology, Vanderbilt University - Law School

STEPHEN SCHWARZ
Professor of Law Emeritus, University of California, Hastings College of the Law

STEVEN J. WILLIS
Professor of Law, University of Florida - Fredric G. Levin College of Law