Disclosure of political contributions: companies must report transfers to electoral trusts or make statutory disclosures for direct donations. Companies that remit amounts to an Electoral Trust Company need only disclose in their accounts the amount released to the Electoral Trust Company and are not required to make the disclosures under section 182(3). Companies contributing directly to political parties must make disclosures as specified in section 192(3) of the Companies Act, 2013. Electoral Trust Companies must disclose amounts received from other companies/sources and the amounts they contribute to political parties as required by section 182(3).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Disclosure of political contributions: companies must report transfers to electoral trusts or make statutory disclosures for direct donations.
Companies that remit amounts to an Electoral Trust Company need only disclose in their accounts the amount released to the Electoral Trust Company and are not required to make the disclosures under section 182(3). Companies contributing directly to political parties must make disclosures as specified in section 192(3) of the Companies Act, 2013. Electoral Trust Companies must disclose amounts received from other companies/sources and the amounts they contribute to political parties as required by section 182(3).
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