Prohibitions and restrictions regarding political contributions

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..... e for less than three financial years, may contribute any amount directly or indirectly to any political party: 1 [***] Provided 2 [***] that no such contribution shall be made by a company unless a resolution authorising the making of such contribution is passed at a meeting of the Board of Directors and such resolution shall, subject to the other provisions of this section, be deemed .....

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..... e nature of a souvenir, brochure, tract, pamphlet or the like, shall also be deemed,- (i) where such publication is by or on behalf of a political party, to be a contribution of such amount to such political party, and (ii) where such publication is not by or on behalf of, but for the advantage of a political party, to be a contribution for a political purpose. 4 [(3) Every company s .....

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..... ibuted and every officer of the company who is in default shall be punishable with imprisonment for a term which may extend to six months and with fine which may extend to five times the amount so contributed. Explanation.-For the purposes of this section, political party means a political party registered under section 29A of the Representation of the People Act, 1951 (43 of 1951). * .....

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