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SC Notice on Foreign Funding of Parties

August 23, 2014 by Admin Leave a Comment

  • Action to be initiated against parties for receiving funds from foreign countries as per a case filed by the Congress, the SC has issued a notice to the center and election commission
  • As per a writ petition the High Court will find the violations of the Foreign Contribution (Regulation) Act (FCRA) and told the donations from Sterile Industries and Sesa accrued from foreign sources within the meaning of the law
  • Kapil Sibal was told by CJI that only question for consideration in the appeal was whether a company registered or incorporated abroad would be considered a foreign company even if Indian-owned
  • Association for Democratic Rights the counsel Mr.Prashant Bhushan filed a petition in High Court and submitted that any company controlled from outside India via shareholding arrangement should be considered as a foreign company
  • Read at: http://www.thehindu.com/todays-paper/tp-national/sc-notice-on-foreign-funding-of-parties/article6343636.ece

Filed Under: Current Affairs, National

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