Is directors remuneration included under Sec 188 transactions, i.e. Related Party Transactions? If yes, what are the compliances?
Thanks in advance.
Zeba Abedi (CA Final Student) (32 Points)
06 November 2015Is directors remuneration included under Sec 188 transactions, i.e. Related Party Transactions? If yes, what are the compliances?
Thanks in advance.
Charu Srivastava
(Company Secretary)
(4210 Points)
Replied 06 November 2015
No, Only those transaction which are covered in the section 188 shall be included.
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