Related party transacations
This query is : Open
02 April 2019
If all directors are interested in pvt. ltd. company. How we can pass Board resoltion for realted party transactions because interested directors will not participate in board meeting. Is their any exemption for pvt. ltd. company.?
02 April 2019
Yes. Pl see notification GSR 464(E) dated 5-6-2015 - Section 188.
13 April 2019
But this exemption only for holding subsidary. In any other case we need to approval of board resolution ?
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