Companies Act, 1956
Section - 293A - Prohibitions and restrictions regarding political contributions
[Political contributionsProhibitions and restrictions regarding political contributions.293A. (1) Notwithstanding anything contained in any other provision of this Act,— (a) no Government company; and (b) no other company which has been in existence for less than three financial years,shall contribute any amount or amounts, directly or indirectly,—(i) to any political party; or(ii) for any political purpose to any person.(2) A company, not being a company referred to in clause (a) or clause (b) of sub-section (1), may contribute an .... To read the full section download the app from Google Play store
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