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Related party

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(Querist)
11 August 2015 If in a company Mr.X is director and in other company, his wife Mrs.X is director. If these companies enter into any transaction or loan, then is this related party transaction as per Companies Act 2013
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Pratik Shah

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Pratik Shah (Expert)
12 August 2015 This can not be a related party transaction as per definition of 'Related Party'. Please refer this section.

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