Tag Archives: related party transactions

Omnibus approval for related party transactions on annual basis

MINISTRY OF CORPORATE AFFAIRS  vide NOTIFICATION  [F. No. 1/32/2013-CL-V-Part]  Dated 14th December, 2015  notified  Companies (Meetings of Board and its Powers) Second Amendment Rules, 2015. and inserted rule 6A . What are related party transactions for which approval is required from Audit Committee ? Omnibus approval for related party transactions on annual basis.- All related party transactions… Read More »