Section 192 of companies act, 2013

This query is : Resolved 

02 August 2016 Please explain 'Persons connected to director' as per Section 192.
Whether any non cash transaction of acquisition of Fixed Assets from an Associate Company with common director will come under Section 192.
If the said purchase is an import , where we paid Customs duty, But no consideration to the associate company, will it be counted as non cash transaction or cash transaction.

Thanks

02 August 2016 It would be of same meaning of "Connected Person" as per Section 2(d) of SEBI (Prohibition of Insider Trading) Regulations, 2015


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details