AS - 18


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This discussion clarifies whether the allotment of shares to a related party requires disclosure as per AS 18. The consensus is that shares issued, whether for cash or in kind, must be reported. The ICSI Guidance Note on Related Party Transactions, specifically page 27, is provided as a reference for this requirement.

(Querist)
03 September 2020 Respected sir/medam
wheather allotment of shares to a related party required to disclose as per AS -18 requirment.

03 September 2020 Yes, shares issued in cash or in kind to be reported.

Pooja (Querist)
03 September 2020 sir please can you provide reference for this.(any GN or other)

03 September 2020 ICSI Guidance Note on Related party transactions - page 27. My observation is modified to that extent.


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