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Companies Act 2013
Section 188 RPT limits.
Replies (2)
https://www.mca.gov.in/SearchableActs/Section188.htm
Sale/Purchase of goods whether directly or thru agent limit is <10% of T/O or Rs.100cr whichever is lower.
Sale of FA, or,
leasing of property,
Whether directly or thru agent
Limit is <10% of Net worth or Rs.100cr whichever is lower.
rendering/availing services whether directly or thru agent, limit is <10% of T/O or Rs. 50cr whichever is lower.
For appointment of office or place of profit in subsidiary limit is not exceeding Rs 2.5 lakhs per month.
Underwriting of securities limit is not exceeding 1% net worth.
T/O or net worth to be checked of last audited FS.
Sale of FA, or,
leasing of property,
Whether directly or thru agent
Limit is <10% of Net worth or Rs.100cr whichever is lower.
rendering/availing services whether directly or thru agent, limit is <10% of T/O or Rs. 50cr whichever is lower.
For appointment of office or place of profit in subsidiary limit is not exceeding Rs 2.5 lakhs per month.
Underwriting of securities limit is not exceeding 1% net worth.
T/O or net worth to be checked of last audited FS.
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