CJI : Before amendment, loss making companies were... ... Electoral Bonds Scheme Unconstitutional : Supreme Court- LIVE UPDATES
CJI : Before amendment, loss making companies were not able to contribute. The amendment does not recognize the harm of allowing loss-making companies to contribute due to quid pro quo. The amendment to Section 182 Companies Act is manifestly arbitrary for not making distincition between loss making and profit making companies.
Update: 2024-02-15 05:29 GMT