Regarding the disclosure of outstanding unsecured loans from external parties other than Directors, promoters, and their relatives, for a private company that has held these loans for several years, could you please clarify the appropriate section in DPT-03 where these loans should be disclosed?
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Can a company borrow funds from its directors or related parties?
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Hello All,
Is it the responsibility of the audit committee to ensure that transactions with unrelated parties do not have the purpose and effect of benefiting related parties”
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Hello all,
Whether the provisions pertaining to "related parties" are applicable based on a financial year?
Dear all Please advise on the following : In a private joint venture company, there are 2 shareholders, say A & B, holding 76% & 24% respectively. Company A will be termed as Holding company as per shareholding. My question is what company B would be called as from the joint venture company point if view, in case parties are related parties. Curtsy : Ankur Jain
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Please Explain the Related Parties under Accounting Standard 18, Companies Act, 2013; and Income Tax Act, 1961
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