293A of the Companies Act, there is a blanket ban on political contributions by companies. In his Budget speech, the Finance Minister has made ... political party or for any political purpose. Under the new section, if a company makes any political contribution in contravention of the provisions thereof
knowledge that the limit imposed by that clause had been exceeded. [ Political contributions ] [ Substituted by Act 35 of 1985, Section
293A in The Companies Act, 1956
293A. Prohibitions and restrictions regarding political contributions .-
(1) Notwithstanding anything contained in any other provision of this ... advantage of a political party, to be a contribution for a political purpose to the person publishing it. (4) Every company shall disclose
included Section 293A7
to regulate contributions by companies. The provision stipulated that
companies cannot contribute to (a) any political party; and (b) to any individual ... maintain a record of contributions
if the contribution was received by electoral bonds;18 and
b. The political party must receive a donation in excess
differing
levels of political engagement because of the
deep association between money and politics. At
a primary level, political contributions give a "seat ... American Journal of Political Science. A
political organisation conducted an experiment to
determine if there is a link between political
contributions and access
differing levels of
political engagement because of the deep association
between money and politics. At a primary level, political
contributions give a "seat ... American Journal of Political
Science. A political organisation conducted an experiment to
determine if there is a link between political contributions
and access
Limits on None S. 29B, RPA
Contribution No limits on individual contributions S. 182(1) ,
Corporate contributions to political parties Companies Act
are allowed ... disclosure
requirements of contributions by electoral trusts in 2014. Although companies
contributing to Electoral Trust Companies (for further contribution to political
parties) are not required
political donations made by the applicant company to political parties.
2. The facts of the case are that the Company had made contributions ... both contribution and disclosure, naturally the contribution occurring first and the disclosure later. But in this sub section, while the word "contribution
India there was no legislation, as in America, against such purposive political contributions, and administered a caution to the following effect:
" As the number ... well-known, political parties germinate and grow quickly. Different political parties have different political philosophies, different political programmes and different political passions. There
permitted by an amendment of their memorandum of association to make contributions to political parties. Democracy in this country is nascent and it is necessary ... contributions and donations made by it to any political party or any political institution or any political cause.
18. Before parting with this case
