Prosecution proceedings for Non-disclosure of contribution in ...

Company Cleared of Charges for Not Disclosing Political Contributions in 2016-17 Due to Format Limitations.

June 22, 2022

Case Laws Companies Law HC

Prosecution proceedings for Non-disclosure of contribution in the Profit and loss Account - political contribution/donation to the tune of Rs. 10.00 lakhs each in two occasion to a particular party during a financial year 2016-17 - It cannot be said that there is a criminal intention for not specifically mentioning the name of the political party as political contribution. When there is no specific column in the format of the disclosure of the financial status of the company, the question of allegation for non disclosure of political donation does not arise. - HC

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Prosecution proceedings for Non-disclosure of contribution in ...

Company Cleared of Charges for Not Disclosing Political Contributions in 2016-17 Due to Format Limitations.

June 22, 2022

Case Laws Companies Law HC

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