Related party transaction

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Querist : Anonymous

Querist : Anonymous (Querist)

14 January 2016 If a Company gives its goods to its own shareholder at discounted price, will this be considered as Related Party Transaction?

CS Divesh Goyal (Expert)
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14 January 2016 Shareholders are not the related party as per definition of Related Party.
Therefore the provision of 188 not applicable on them

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