Related party transactions - restriction on vote - second ...

Section 188(1) Exemption: Voting Restrictions Lifted for Companies with 90% Members as Relatives of Promoters.

January 10, 2018

Act Rules Companies Law

Related party transactions - restriction on vote - second proviso to section 188 (1) shall not apply to a company in which ninety per cent. or more members in numbers are relatives of promoters or related parties. - Section 188(1) of the Companies Act, 2013

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Related party transactions - restriction on vote - second ...

Section 188(1) Exemption: Voting Restrictions Lifted for Companies with 90% Members as Relatives of Promoters.

January 10, 2018

Act Rules Companies Law

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