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donation by ltd. company

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16 May 2009 whether there is any ristriction under comapnies act 1956 regarding donation to be made to NGO. And if there is restriction please give the section number. Also inform the procedure to calculate the limit of donation if any.
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Ankur Garg

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Ankur Garg (Expert)
17 May 2009 Have a look at section 293(1)(e) of the Companies Act, 1956.

Also go through Section 293A & 293B for future reference.

Revert for any problem.


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