All about Related Party Transactions – Part 3 (Voting and Approval))
Voting (Sec 188, Sec 184) The basic question anyone can raise now is that “Can a Related party vote?” If yes, in what circumstances? Listed Companies – RPs can’t vote (whether party to transaction or not) All Material RPTs shall require approval of the shareholders through a resolution (Regulation 23) Unlisted Public Companies – If …
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