public co &firm relations
This query is : Resolved
Chandranil
(Querist)
25 November 2009
dear experts,
suppose a public limited listed co of which promoters (who are not directors) or there relatives forms partnership firm and it has business relation with this listed co
what are the compliances to be followed?
suppose a public limited listed co of which promoters (who are not directors) or there relatives forms partnership firm and it has business relation with this listed co
what are the compliances to be followed?
Kinjal Shah
(Expert)
26 November 2009
Please refer Section 295, 297, 299 and 301 of the Companies Act, 1956 and Arms Length Transaction and Related Party Transactions under the Income Tax Act, 1961
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