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Section-188 related party transaction

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Dear Professionals

As per Section-188 of the CA'2013,interested director can't participate & vote in the meeting for the purpose of passing RPT.

My query is if there are two directors n both are interested then how can we move further in this case.

Its really urgent, Plz. revert with ur valuable views

Thanks

Kajal  

Replies (1)
If number of directors reduced below quorum, then the remaining directors may hold the meeting for the following purposes: To call a General meeting Increase the number of directors.


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