Related Party Transactions

Appointment of Related Party to any Office or Place of Profit

Company Law - If the office or place of profit is held by the director and obtains from the company anything by way of remuneration to which he is entitled as a director, whether as salary, fees, commission, perquisites, the right to occupy free of rent any premises as a place of residence or otherwise....

Read More

Related Party Transactions (RPT) under Companies Act, 2013

Company Law - Section 188 of the Companies Act, 2013 (the Act) specifically deals with Related Party Transactions which further captivate other provisions of the Act including Section 166, 173, 177, and 184. In this article, an attempt is made to explain and amplify the coverage, scope, and intent of ‘Related Party Transactions.           ...

Read More

Related Party Transactions | Section 188 | Company Law

Company Law - According to Section 2(76) of The Companies Act, 2013, related party”, with reference to the company means: (i) a director or his relatives (ii) a Key Managerial personnel or his relative (iii) a firm, in which a director, manager or his relative is a partner (iv) a private company in which a director or manager […]...

Read More

Related Party Transaction (RPT) | Section 188 | Companies Act, 2013

Company Law - This article is one of the very necessary tool in understanding the aspects of section 188 of companies act, 2013 also termed as RELATED PARTY TRANSACTION.  In this article, you will be learning about some basic principles, law & rules applicable to the transactions entered by the company with their related parties, so let’s be...

Read More

Related Party Transactions – Section 188 of Companies Act, 2013

Company Law - How to Identify whether the proposed transaction is a Related Party Transaction u/s 188 of Companies Act, 2013 or not? 1st Stage (Preliminary test) 1. Is it a transaction (Contract or arrangement) that falls under Section 188(1)(a) to (g) of the Companies Act, 2013 (the Act)?; AND 2. Is it a related Party in terms […]...

Read More

Report of SEBI Working Group on Related Party Transactions

Company Law - A related party transaction is a transfer of resources, services or obligations between two parties, irrespective of whether a price is charged or not. With respect to a corporate entity, related parties would broadly consist of its executives, directors or promoters, who are responsible for making decisions for the corporate entity....

Read More
Sorry No Post Found

SEBI Guidance Note on disclosure of Related Party Transactions

Ref No: NSE/CML/2021/09 - (01/04/2021) - Question 1: When to submit disclosure of related party transaction? Answer: As per regulation 23(9), the listed entity shall submit within 30 days from the date of publication of financial results on half yearly basis....

Read More

Recent Posts in "Related Party Transactions"

Appointment of Related Party to any Office or Place of Profit

If the office or place of profit is held by the director and obtains from the company anything by way of remuneration to which he is entitled as a director, whether as salary, fees, commission, perquisites, the right to occupy free of rent any premises as a place of residence or otherwise....

Read More
Posted Under: Company Law |

Related Party Transactions (RPT) under Companies Act, 2013

Section 188 of the Companies Act, 2013 (the Act) specifically deals with Related Party Transactions which further captivate other provisions of the Act including Section 166, 173, 177, and 184. In this article, an attempt is made to explain and amplify the coverage, scope, and intent of ‘Related Party Transactions.           ...

Read More
Posted Under: Company Law |

Related Party Transactions | Section 188 | Company Law

According to Section 2(76) of The Companies Act, 2013, related party”, with reference to the company means: (i) a director or his relatives (ii) a Key Managerial personnel or his relative (iii) a firm, in which a director, manager or his relative is a partner (iv) a private company in which a director or manager […]...

Read More
Posted Under: Company Law |

Related Party Transaction (RPT) | Section 188 | Companies Act, 2013

This article is one of the very necessary tool in understanding the aspects of section 188 of companies act, 2013 also termed as RELATED PARTY TRANSACTION.  In this article, you will be learning about some basic principles, law & rules applicable to the transactions entered by the company with their related parties, so let’s be...

Read More
Posted Under: Company Law |

Related Party Transactions – Section 188 of Companies Act, 2013

How to Identify whether the proposed transaction is a Related Party Transaction u/s 188 of Companies Act, 2013 or not? 1st Stage (Preliminary test) 1. Is it a transaction (Contract or arrangement) that falls under Section 188(1)(a) to (g) of the Companies Act, 2013 (the Act)?; AND 2. Is it a related Party in terms […]...

Read More
Posted Under: Company Law |

SEBI Guidance Note on disclosure of Related Party Transactions

Ref No: NSE/CML/2021/09 01/04/2021

Question 1: When to submit disclosure of related party transaction? Answer: As per regulation 23(9), the listed entity shall submit within 30 days from the date of publication of financial results on half yearly basis....

Read More

Related Party Transactions- A note

Introduction A company, in the course of conduct of its business, enters into various transactions with different parties, including its related parties. Companies also carry on their activities through subsidiary companies and associate companies. Accordingly, related party relationships are a normal feature of business. Due to this rela...

Read More
Posted Under: Company Law |

Whether Related Party Transactions should Be At Arm’s Length under Companies Act, 2013?

The issue of the transactions between the related parties or associated parties have always been a matter of great concern for the revenue authorities along with other authorities along with the other stakeholders of the business of the entities. This is due to the reason that such transactions are highly subject to or prone to the tax av...

Read More
Posted Under: Company Law |

Related Party Transactions – A Case Study of A Unlisted Public Company

Related party Transactions (RPT) in the Companies Act, 2013 is a subject of great importance. This gains further importance in the case of Listed Companies, wherein the Regulation 23 of SEBI (LODR) further lays down the compliance requirement for RPTs. While preparing the Audit Report under CARO, 2016 and verifying the disclosures in the ...

Read More
Posted Under: Company Law |

Process flow for identification & approval of Related Party Transactions

Times come when identification and approval of Related Party Transactions becomes onerous. The file contains the basic Standard Operating Procedure that can be followed for: 1. Identification of Related Parties as per Section 2(76) of the Companies Act, 2013; 2. Approval of proposed Related Party Transactions. Looking forward for your val...

Read More
Posted Under: Company Law |

Browse All Categories

CA, CS, CMA (5,499)
Company Law (7,407)
Custom Duty (8,510)
DGFT (4,546)
Excise Duty (4,493)
Fema / RBI (4,706)
Finance (4,995)
Income Tax (37,406)
SEBI (3,995)
Service Tax (3,720)

Search Posts by Date

June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930