Company Law : The analysis clarified that shareholder protection is ensured through ultimate parent consolidation. Hence, intermediate companies...
SEBI : The updated Regulation 23 framework introduces turnover-linked thresholds for related party transactions. Listed companies must re...
Company Law : Courts and regulators now treat related party transactions as a core governance issue rather than procedural compliance. The key t...
SEBI : The regulator upheld a turnover-linked materiality framework for related party transactions, replacing the flat 10% test to align ...
CA, CS, CMA : This case explains why related party transactions require heightened audit scrutiny under SA-550. The key takeaway is that influen...
Company Law : The Ministry of Corporate Affairs details measures to ensure transparency and prevent fund diversion in Related-Party Transactions...
SEBI : SEBI is consulting on amendments to LODR Regulations regarding Related Party Transactions. Proposals include new materiality thres...
Company Law : NFRA highlights auditor responsibilities in related party transactions, emphasizing compliance with Ind AS 24, SEBI regulations, a...
SEBI : SEBI seeks public feedback on strengthening secretarial compliance reports, auditor appointment criteria, and related party transa...
SEBI : What does ‘Where a transaction is undertaken between members of the consolidated entity (between the listed entity and its subsi...
Income Tax : In a landmark ruling, the Delhi High Court held that government shareholders are not automatically considered related parties und...
SEBI : A detailed analysis of SAT Mumbai's decision to reduce SecureKloud Technologies' penalty for non-serious LODR violations, and its ...
Company Law : Bar of voting as per Section 188 of the Companies Act, 2013 on related parties operated only at the time of entering into a contra...
Income Tax : Commissioner issued a show cause notice under section 263 and ultimately passed impugned order; by that time the alleged domestic ...
Company Law : The authority penalized directors for executing related party transactions without fresh or valid approvals. It held that reliance...
Company Law : The company relied on old resolutions for ongoing related party transactions. The authority held that fresh approvals are mandator...
Company Law : The company continued related party transactions based on old approvals. The authority held that fresh approvals are mandatory, le...
Company Law : The issue involved non-compliance with approval requirements for related party transactions. The authority held that absence of Bo...
Company Law : The case addresses non-disclosure of directors’ interests in related entities. Authorities imposed penalties, reinforcing strict...
MCA penalizes M/s Anmol Ferro Impex Private Limited for failing to disclose related party transactions of directors and MCA imposes ₹10.5 Lakh Penalty
Explore discrepancies in disclosures of senior management, directors, and key personnel in listed companies, highlighting non-compliance and regulatory implications.
Explore the Supreme Court judgment in RT Agro vs SEBI case, highlighting the importance of balanced regulatory oversight in related party transactions.
Kudos Finance faces Rs. 20 Lakh penalty from MCA for not holding board meeting to approve related party transaction, violating Section 188 of Companies Act.
The violation stemmed from the company’s failure to attach the required annexure (Form AOC-2) relating to the particulars of contracts or arrangements with related parties, despite stating compliance with Section 188 of the Companies Act, 2013, in its Board Report for the financial years 2018-19 and 2019-20.
Explore intricacies of Related Party Transactions under AS 18 and Transfer Pricing in India. Understand control, influence, disclosure requirements and how arm’s length principle is applied.
In this article, the authors have provided a brief discussion on the provisions of Section 188 of the Companies Act, 2013 and AS-18 as a comparative analysis.
Read the adjudication order imposing penalties on M/S R.K. Patnia & Co., auditor of Pre-Stressed Udyog (India) Pvt Ltd, for violations of Companies Act, 2013.
In a landmark ruling, the Delhi High Court held that government shareholders are not automatically considered related parties under Section 92E of the Income Tax Act, 1961. This decision has significant implications for companies with government shareholding.
Read about the National Stock Exchange of India’s latest circular regarding the filing of Related Party Transactions disclosure on NEAPS portal.
