Section 181. Company to contribute to bona fide and charitable funds, etc | Companies Act Integrated Ready Reckoner|Companies Act 2013|CAIRR
   valid as on 27/04/2025

Section 181. Company to contribute to bona fide and charitable funds, etc
Effective from 12-09-2013

The Board of Directors  of a company  may contribute to bona fide charitable and other funds:

Provided that prior permission of the company in general meeting shall be required for such contribution in case any amount the aggregate of which, in any financial year , exceed five per cent. of its average net profits for the three immediately preceding financial years.

Enforcement notification S.O.2754 (E) dated 12/09/2013


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