Kuku, CFO of a company intends to make contribution to a political party as per details shown below: Name of the political party Amount to be contributed (Rs. in crore) Average net profit during the three immediately pre

According to Section 182 of the Companies Act, 2013, a company, other than a government company and a company which has been in existence for less than three financial years, may contribute any amount directly or indirectly to any political party. Further the contribution under this section shall not be made except by an account payee cheque drawn on a bank or an account payee bank draft or use of electronic clearing system through a bank account. Accordingly, the answer is as under: Name of the political party Remarks Hamara Jag Contribution cannot be made through bearer cheque Sovereign Party Contribution can be made through RTGS Female front party Contribution can be made through account payee bank draft