What we are
and what we are not yet.
Informational only. Not legal or tax advice.
wonarth is being incorporated.
wonarth is in the process of incorporation as a Section 8 company under the Companies Act 2013. We are not yet incorporated. We have not yet filed for 12A or 80G. We do not yet have a CSR-1 reference number under the Companies (CSR Policy) Rules 2014. We do not currently accept any contributions, domestic or foreign.
This page exists so that, when wonarth is operationally ready to receive a Section 135 corporate CSR allocation, the framework is documented. Today, this page is informational only.
Schedule VII clause (iv)
environmental sustainability.
Section 135 of the Companies Act 2013, read with Rule 8 of the Companies (CSR Policy) Rules 2014, requires qualifying companies to spend 2% of average net profit on Schedule VII activities. Clause (iv) permits environmental sustainability spending. Once wonarth completes Section 8 incorporation and obtains a CSR-1 reference number, allocations from qualifying companies can flow through normal CSR pipelines.
We intend to maintain (a) a separate audited account for CSR contributions, (b) annual statutory audit by an independent CA, (c) project-level reporting with location and species records. None of these structures exist today. They will be put in place at incorporation.
Write to the founder.
No follow-up sequence. No marketing. Just an email when wonarth is incorporated and CSR allocations can be received.