Related party transactions

Yes the company can do but need to follow section 184 and section 188 before the same

Yeah. But ensure that if total sales exceeds 10% turnover as per latest audited balancehseet,then share holders approvalby way of special resolution required. 

SEC 184 APPLIES WHEN THE DIRECTORE IS KMP FOR OTHER COMPANY OR WHEN HE HOLDS 2% OR MORE PAID UP CAPITAL OF OTHER COMPANY....INTEREST SHOULD BE DISCLOSED IN  FORM-MBP-1 TO THE COMPANY.