Related party transaction

yes........under key management personnel

yes, it is included.

Hi Rashi this is not covered under  related party transaction. section 297 of the Companies Act 1956 says: A director in emloyment or a person rendering services in professional capacity is not covered in it.

I guess the query is from AS 18 disclosure angle -- not from section 297 or 314. Disclosure is very much necessary under AS 18 in notes to accounts in AR.

As per AS 18..Disclosure is regd for d same.