https://www.taxtmi.com/caselaws?id=97664 The court allowed the alteration of the memorandum of association to permit donations to political parties, as it aligned with the Companies Act provisions. Shareholders approved the contributions, meeting the requirements of Section 293(1)(e). The court emphasized public interest considerations and the need for transparency in political funding, citing relevant judicial precedents and legislative recommendations. The application was granted, with the Registrar of Companies raising no objections, allowing the company to cover costs from its funds. en-us Wed, 29 Jul 1959 00:00:00 +0530 Tue, 17 Jan 2012 16:05:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97664 The court allowed the alteration of the memorandum of association to permit donations to political parties, as it aligned with the Companies Act provisions. Shareholders approved the contributions, meeting the requirements of Section 293(1)(e). The court emphasized public interest considerations and the need for transparency in political funding, citing relevant judicial precedents and legislative recommendations. The application was granted, with the Registrar of Companies raising no objections, allowing the company to cover costs from its funds. Case-Laws Companies Law Wed, 29 Jul 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97664