Question:

The following is not true about the Board of directors of a company :

Updated On: Aug 5, 2024
  • Board may contribute to bona fide charitable and other funds
  • Board may contribute any amount for the political contributions
  • Board may contribute any amount for the national defence fund
  • None of the above
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The Correct Option is B

Solution and Explanation

The correct option is (B):Board may contribute any amount for the political contributions .
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