What is the Power of Board and other persons to make contributions to national defence fund, etc? Section 183 of Indian Companies Act 2013

Power of Board and other persons to make contributions to national defence fund, etc is defined under Section 183 of Indian Companies Act 2013. Provisions under this section is:

Section 183 of Indian Companies Act 2013 "Power of Board and other persons to make contributions to national defence fund, etc"

 
(1) The Board of Directors of any company or any person or authority exercising the powers of the Board of Directors of a company, or of the company in general meeting, may, notwithstanding anything contained in sections 180, 181 and section 182 or any other provision of this Act or in the memorandum, articles or any other instrument relating to the company, contribute such amount as it thinks fit to the National Defence Fund or any other Fund approved by the Central Government for the purpose of national defence.

(2) Every company shall disclose in its profits and loss account the total amount or amounts contributed by it to the Fund referred to in sub-section (1) during the financial year to which the amount relates.

What is the rule for Company to contribute to bona fide and charitable funds, etc? What is Prohibitions and restrictions regarding political contributions? Section 181 and 182 of Indian Companies Act 2013

What is the Power of Board and other persons to make contributions to national defence fund, etc? Section 183 of Indian Companies Act 2013

What is Disclosure of interest by director? What is the law regarding Loan to directors, etc? Section 184 and 185 of Indian Companies Act 2013

Loan and investment by company? What is the meaning of Investments of company to be held in its own name? Section 186 and 187 of Indian Companies Act 2013

What is Related party transactions? What is the Register of contracts or arrangements in which directors are interested? Section 188 and 189 of Indian Companies Act 2013

What is Contract of employment with managing or whole-time directors? Section 190 of Indian Companies Act 2013

What is Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares? Section 191 of Indian Companies Act 2013

What is Restriction on non-cash transactions involving directors? What is contract by One Person Company? Section 192 and 193 of Indian Companies Act 2013

What is Prohibition on forward dealings in securities of company by director or key managerial personnel? What is Prohibition on insider trading of securities? Section 194 and 195 of Indian Companies Act 2013

What is Appointment of managing director, whole-time director or manager? Section 196 of Indian Companies Act 2013

What is Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits? Section 197 of Indian Companies Act 2013

What is Calculation of profits? Section 198 of Indian Companies Act 2013

What is Recovery of remuneration in certain cases? What is Central Government or company to fix limit with regard to remuneration? Section 199 and 200 of Indian Companies Act 2013

 

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