law: Companies Act, 2013 
  182  . Prohibitions and
  
  restrictions regarding political contributions.
  1.      Notwithstanding
  
  anything contained in any other provision of this Act, a company, other than a
  
  Government company and a company which has been in existence for less than
  
  three financial years, may contribute any amount directly or indirectly to any
  
  political party:
  Provided
  
  that the amount referred to in sub-section (1 ) or, as the case may be,
  
  the aggregate of the amount which may be so contributed by the company in any
  
  financial year shall not exceed seven and a half per cent. of its average net
  
  profits during the three immediately preceding financial years:
  Provided
  
  further 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 to be justification in law for the making
  
  and the acceptance of the contribution authorised by it.
  2.      Without prejudice to
  
  the generality of the provisions of sub-section (1 ),Ś
  a.     
  
    a
  
  donation or subscription or payment caused to be given by a company on its
  
  behalf or on its account to a person who, to its knowledge, is carrying on any
  
  activity which, at the time at which such donation or subscription or payment
  
  was given or made, can reasonably be regarded as likely to affect public
  
  support for a political party shall also be deemed to be contribution of the
  
  amount of such donation, subscription or payment to such person for a political
  
  purpose;
  b.    
  
    the
  
  amount of expenditure incurred, directly or indirectly, by a company on an
  
  advertisement in any publication, being a publication in the nature of a
  
  souvenir, brochure, tract, pamphlet or the like, shall also be deemed,Ś
                       
  
   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.
  1.     
  2.     
  3.      Every company shall
  
  disclose in its profit and loss account any amount or amounts contributed by it
  
  to any political party during the financial year to which that account relates,
  
  giving particulars of the total amount contributed and the name of the party to
  
  which such amount has been contributed.
  4.      If a company makes
  
  any contribution in contravention of the provisions of this section, the
  
  company shall be punishable with fine which may extend to five times the amount
  
  so contributed 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 .ŚFor the purposes of
  
  this section, ōpolitical partyö means a political party registered under
  
  section 29A of the Representation of the People Act, 1951.