Ease of doing biz: ICAI seek more changes to companies law
To make doing business easier, chartered accountants' grouping ICAI has sought more changes in norms governing companies, including those pertaining to related party transactions.
Apr 01, 2015, 17:53 PM ISTShareholders' prior nod needed for related party transactions
Providing more clarity, the government has said that certain class of related party transactions whose value is more than Rs 100 crore would require shareholders' prior approval by way of a special resolution.
Aug 17, 2014, 22:20 PM IST