Political parties violated FCRA norms by accepting donations from Indian subsidiaries of foreign Co.

FERA : Where more than one half of nominal value of share capital of companies Sterlite and Sesa was held by Vedanta, a corporation incorporated in a foreign country or territory within meaning of section 2(e)(vi)(c) of Foreign Contribution (Regulation) Act, 1976, donations accepted by political parties from Sterlite and Sesa accrued from 'Foreign sources' and was a blatant violation of FCRA, 1976