Any company may, notwithstanding anything contained in the Companies Act or in any other law for the time being in force regulating the affairs thereof, and notwithstanding that the memorandum or articles of association of the company do not enable it so to do, by an extraordinary resolution passed in accordance with the provisions contained in section 81 of the Companies Act, authorise the making of donations to the Gandhi National Memorial Fund or the Sardar Vallabhbhai National Memorial Fund, or to any other Fund established for a charitable purpose which by reason of its national importance has been approved by the Central Government for the purposes of this section.
Section 3: Power of companies to make donations to certain National Funds.
The Companies (Donations to National Funds) Act, 1951Central Act · Act 54 of 1951
Where this provision sits
| Act | The Companies (Donations to National Funds) Act, 1951 |
|---|---|
| Section | 3 |
| Marginal note | Power of companies to make donations to certain National Funds. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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