Section 181 — Company to contribute to bona fide and charitable funds, etc

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

1. Subs. by Act 1 of 2018, s. 59, for “paid-up share capital and free reserves” (w.e.f. 9-2-2018).

Related sections

Section 173 — Meetings of Board
Section 174 — Quorum for meetings of Board
Section 175 — Passing of resolution by circulation
Section 176 — Defects in appointment of directors not to invalidate actions taken
Section 177 — Audit Committee
Section 178 — Nomination and Remuneration Committee and Stakeholders Relationship
Section 179 — Powers of Board
Section 180 — Restrictions on powers of Board
Section 182 — Prohibitions and restrictions regarding political contributions
Section 183 — Powe r of Board and other persons to make contributions to national defence fund,
Section 184 — Disclosure of interest by director
Section 186 — Loan and investment by company
Section 187 — Investments of company to be held in its own name
Section 188 — Related party transactions
Section 189 — Register of contracts or arrangements in which directors are interested
Section 190 — Contract of employment with managing or whole -time director
Section 191 — Payment to director for loss of office, etc., in connection with transfer of undertaking,
Section 192 — Restriction on non-cash transactions involving directors
Section 193 — Contract by One Person Company
Section 194 — [Prohibition on forward dealings in securities of company by director or key managerial
Section 195 — [Prohibition on insider trading of securities.] Omitted by s. 65, ibid. (w.e.f. 9-2-2018)