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In relation to sec 181 and 182
if I have to make contribution to charity as per sec 181 or as per sec 182 I am making contribution to political party, whether it is necessary that I should have such thing in my object clause of MOA
Replies (3)
As such there is no condition of having clause for donation or charity either u/s 181 or 182 of the Companies Act, 2013.
However some company may adopt modal article for making law more stringent to itself so it is OK
Conclusion - no requirement of object clause under MOA of the Company rather in MOA the active or ordinary course of business for which company is incorporated has been described.
Thank you so much sir
NO , not required as the contribution to Charitable Trust / Others shall be vest with the power of BoD via Board Resolution
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