Sebi notifies rules governing related-party transactions
Sebi notifies rules governing related-party transactions
New Delhi: Markets regulator Sebi has made sweeping changes to strengthen the monitoring and enforcement of norms pertaining to related-party transactions. The regulator has tweaked the definition of ‘related party’ and ‘related-party transactions’ (RPTs), according to a notification issued on Tuesday. It made changes to the process followed by a company’s audit committee for approval of RPTs…
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