AS - 18
This query is : Resolved
12 January 2010
Pvt Ltd company - 4 shareholders each 25% stake.
These guys are not directors, they are shareholders alone. They give/receive loan to the company.
Are they related parties as per AS-18?
Thank You in advance
These guys are not directors, they are shareholders alone. They give/receive loan to the company.
Are they related parties as per AS-18?
Thank You in advance
CA Ravi Sisodia
(Expert)
15 January 2010
yes they related parties(substantial interest).
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