# The Companies Act, 2013, Section 181: Company to contribute to bona fide and charitable funds, etc

- Act: The Companies Act, 2013 (Act 18 of 2013)
- In force from: 2014-04-01
- Ministry: Ministry of Corporate Affairs
- Source URL: https://indiacode.ecourtsindia.com/companies-act/section/181/

## Text

The Board of Directors of a company may contribute to bona fide charitable and other funds: Provided that prior permission of the company in general meeting shall be required for such contribution in case any amount the aggregate of which, in any financial year, exceed five per cent. of its average net profits for the three immediately preceding financial years.

---
Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.