Related party transaction
This query is : Resolved
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?
14 January 2016
Shareholders are not the related party as per definition of Related Party.
Therefore the provision of 188 not applicable on them
Therefore the provision of 188 not applicable on them
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