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Whether comes under related party?

Others 292 views 10 replies
If iam a director of a 'x' company and Iam a sole proprietor of 'Y enterprises
Replies (10)

Yes, X & Y are related parties under Companies Act 2013. 

Director and proprietor both are one and the same person. and hence both X & Y are related party.
No guys. it's wrong.
if you are the key management person then you are the related party as per Accounting Standard 18.
Originally posted by : satish
No guys. it's wrong. if you are the key management person then you are the related party as per Accounting Standard 18.

Yes... I agreed to Mr Satish...

Director is deemed to be one of key management person. He is not a puppet.

Director dealing with himself (his proprietory concern) is on what grounds not a non-related party !!
------
Forum has like button which is quick and convenient. One should make use of it. For a newcomer unaware of , it's okay.
Ohh God... Nee Innum Thirunthalayaa...

Dear Experts, 

My reply was in relation with the Companies Act, 2013. Whether that was incorrect?

😇😇
Ohh God... Nee Innum Thirunthalayaa...

----- Nee....
Which woman's name post marriage has been referred to show family name pre-marriage ?

Is it relevant to Forum query ? Not at all. Request any South member to elaborate this.
No dear...
Don't be take wrong meaning... Also I'm not that related activities...

The above meaning is
"Haven't you yet changed"
that's all...
"Forum has like button which is quick and convenient. One should make use of it. For a newcomer unaware of , it's okay. ""

What's wrong in it ???

Very funny. What fun you get out such frequent posting at large ? You like the post , use of like button like everybody.

Look at the scene if others follow your step then there will be 100+ post. But it's not so. Why ? Think. Not mandatory.

Me not bothered for change in anybody.


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