Section 188 - related party transaction
This query is : Resolved
20 August 2015
Is there any criteria mentioned in Co. Act, 2013 or Rules made therein , regarding applicability of Related Party Transactions for Companies?? specifically "paid up share capital of such amount" are required to comply and others not ??
21 August 2015
Yes..basically, considering criteria, some companies are required to take approval of Shareholders in General meeting.
Please refer Section 188 and Rule 15 of Companies (Meetings of Board and its
Powers) Rules, 2014.
Please refer Section 188 and Rule 15 of Companies (Meetings of Board and its
Powers) Rules, 2014.
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