Related Party Disclosure

Yes, ofcourse, any kind of transaction needs to be disclosed ideally.

hi,

as per as 18, if the transaction has been been entered the particular this year, then the name, relation & the Nature of transaction is to be mentioned & if there is no transaction then name & realtionship has to be disclose in evry case

If there is control exist by related party then even if not transaction then disclosure required but if there is significant influence there then disclosure is required only when there is a transaction during the year betwen that party and company. So transaction during the year is to be seen in case when there significant influence.