donation by ltd. company
This query is : Resolved
16 May 2009
whether there is any ristriction under comapnies act 1956 regarding donation to be made to NGO. And if there is restriction please give the section number. Also inform the procedure to calculate the limit of donation if any.
Ankur Garg
(Expert)
17 May 2009
Have a look at section 293(1)(e) of the Companies Act, 1956.
Also go through Section 293A & 293B for future reference.
Revert for any problem.
Regards
Also go through Section 293A & 293B for future reference.
Revert for any problem.
Regards
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