Related party

namrata (company secretary ) (422 Points)

02 June 2016  

Dear Team,

Our company is giving its premises on leave & licence to one of its group company. Will section 188 of related party attract the transaction. As per my view section 188 speaks about 

"Leasing of property of any kind"

So we dont come under the purview of section 188.Pleaseguide.

 

 

Regards

Namrata Pai