Definition of political party clarified for Companies Act purposes by linking it to registration under the Representation Act. An explanatory provision is inserted into the Companies Act, 1956 defining political party for the purposes of section 293A as a party registered under the Representation of the People Act, 1951; the Explanation is placed after sub section (5) of section 293A by the Election And Other Related Laws (Amendment) Act, 2003.
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Definition of political party clarified for Companies Act purposes by linking it to registration under the Representation Act.
An explanatory provision is inserted into the Companies Act, 1956 defining political party for the purposes of section 293A as a party registered under the Representation of the People Act, 1951; the Explanation is placed after sub section (5) of section 293A by the Election And Other Related Laws (Amendment) Act, 2003.
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