banner_ad

Section 188

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 June 2015 As per new amendment in may 2015 related party transaction u/s 188 by members has to be approved by resolution so is Private Company required to file ordinary resolution with ROC ?
Profile Image

Shashikant Sharma

Profile Image

Shashikant Sharma (Expert)
26 June 2015 A copy of resolution specified in Section 117(3) of the Companies Act, 2013 requires ROC filing in Form MGT-14. This section specifies special resolution, other resolution and certain Board resolutions as provided in 179(3).

MCA has exempted private companies form item specified in 179(3).

Ordinary resolution passed under section 188(1) will not require ROC filing in Form MGT-14 for both private and public companies.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details