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Related party transaction

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(Querist)
21 August 2012 Does a contract of sale and purchase entered between Holding Company and Subsidiary company will come under the purview of Section 297 of the Companies, Act 1956. The Holding Company is an Foreign Company.

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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
21 August 2012 Yes, In My Perception. It Should.

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