SG: Then in 1985 Corporate funding was... ... Electoral Bonds Case Hearing : Live Updates From Supreme Court [Day 2]

SG: Then in 1985 Corporate funding was re-introduced by Govt by making amendments in S 293A of Companies Act, 1956. All companies, except Govt companies, were allowed to contribute to parties subject to approval by board of directors, disclosure in the profit & loss statement.

SG Mehta: These donations were restricted to five per cent of the company’s average net profits of previous three years.