Companies Act

No Proposal to make Human Rights Impact Assessment HRIA mandatory for companies

No Proposal to make Human Rights Impact Assessment HRIA mandatory for companies

Ministry of Corporate Affair

11th March, 2016

Human Rights Impact Assessment

The Companies Act, 1956/2013 does not contain any provisions related to human rights impact assessment (HRIA) for companies. Further, National Human Rights Commission (NHRC), which deals with complaints about alleged violation of human rights by a public servant only, does not maintain a separate incident code or record under the head Human Rights Impact Assessment (HRIA) for companies in India. In case of proven violation of human rights, NHRC can make recommendations to the concerned authorities in Central/State Government. Appropriate recommendations have been made by NHRC to the concerned government authorities for relief / rehabilitation of the project affected in cases of displacement of villagers/local people on account of acquisition of lands for ‘mega projects’ in various States. There is no proposal before the Ministry of Home Affairs or Ministry of Corporate Affairs to make HRIA mandatory for companies.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

 
DSM/KA
(Release ID :137815)
 
----------- Similar Posts: -----------
Share

Recent Posts

  • Income Tax

Tax authorities not bound with provisions of section 44AE once assessee waived option

Tax authorities not bound with provisions of section 44AE of the Act once assessee waived the option available In a…

56 mins ago
  • Income Tax

Whether seized document is incriminating or not is a findings of fact – High Court

Whether seized document is incriminating or not is definitely a findings of fact – High Court In a recent judgment,…

4 hours ago
  • Income Tax

Interest earned on borrowed funds/unutilized capital subsidy is capital receipts – High Court

Interest earned on borrowed funds/ unutilized capital subsidy are capital receipts In a recent judgment, Hon'ble Guwahati High Court has…

7 hours ago
  • Income Tax

No statutory requirement of pre-deposit for stay of demand under Income Tax Act – HC

There is no statutory requirement of pre-deposit for stay of demand under Income Tax Act - High Court stayed demand  …

1 day ago
  • ICSI

Engagement of Company Secretaries as Young Professionals at RoC Mumbai and Pune

Engagement of Company Secretaries (CS) as Young Professionals in the Office of Regional Director (WR), Registrar of Companies, Mumbai and…

1 day ago
  • Income Tax

Applicability of Section 115BBE rws 69, 69A 69C in a case before Settlement Commission

Applicability of provisions of Section 115BBE  read with Section 69, 69A and 69C in a case arising before Settlement Commission…

1 day ago