Hansaria: This ban was removed in 1985 by amending... ... Electoral Bonds Case Hearing : Live Updates From Supreme Court [Day 2]

Hansaria: This ban was removed in 1985 by amending the Companies Act. No company which has existence of less than 3 years can donate. You cannot just create a shell company and contribute. Plus, the donation cannot exceed 5% of avg profit during 3 preceding FYs.