What is the limit on the maximum amount that can be contributed by a company to a political party?
CS Executive · Company Law · PYQS · June 2019
What is the limit on the maximum amount that can be contributed by a company to a political party?
Answer & Explanation:
As per 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. Hence DEF Ltd can contribute any amount to a Political Party.
Topics: Political Contributions
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