• UID Admissions 2024-25 NRI/NRI Spons./ Management Category Application Window is open now! Click Here to apply- Call 9266663225 to know more.
  • UID Admissions 2024-25 General Category Application Window is open only for BFA/BFA (Hons.) and BSc./BSc.(Hons.) Filmmaking Click Here to apply- Call 9266663225 to know more.
  • KUAT (Karnavati University Admission Test) Admissions 2024-25 Application Window Open Click Here to Apply- To know more call 9667048555. KUAT Examination Date-6th April,2024 (Saturday)
  • B.Tech 2024 Admissions Open. Click Here to Apply- Call +91 7574811135
  • KU Admissions FEE Payment Click Here
  • Karnavati University invites applications for teaching positions Click here for details

KUAT 2022-23 Admissions Open Now! Click here to apply +91 9667048555

Announcement Admission
blank
blank

Ironing Out Differences on Related Party Transactions (RPTs) between Companies Act and SEBI Regulations: A Note

March 17, 2020

The Related Party Transaction (RPT) is a powerful legal mechanism to promote corporate transparency and accountability in business financial transactions. However, the RPT law as given in Section 188 of the Companies Act, 2013 is coming in direct inconsistency with the RPTs Regulations framed by SEBI for Listed companies. As a result, the listed companies are facing dilemma as to how to comply with both MCA Regulations as well as SEBI Regulations. Due to the critical importance of RPTs, the need arise is to iron out these inconsistencies as soon as possible. Thankfully, the Government has taken a call on the matter and it is working towards to make both the RPT Rules under Companies Act, 2013 and the SEBI Relevant Regulations consistent with each other. Earlier, the listed companies in India were facing the dilemma due to inconsistencies as to whether to comply with the RPTs regulations under Companies Act or to comply with the SEBI Regulations. The matter assumes importance because not adhering to RPTs may have serious consequence for the companies in India. The Regulators takes any violation of RPTs very seriously.

Author:
Dr. Amit Bhaskar, Associate Professor, Unitedworld School of Law (UWSL)

Disclaimer: The opinions / views expressed in this article are solely of the author in his / her individual capacity. They do not purport to reflect the opinions and/or views of the College and/or University or its members.

Related Blogs

Machine Intelligence vs Human Intelligence
June 21, 2022

I want to share an incident which has happened recently & related to the finance market. A well-known company has sanctioned a credit line of Rs One Lakh to the customer & out of this that customer has utilised around Rs Twenty Thousand. So Rs Eighty Thousand is still unused. But the account got blocked […]

Read More
Product Standardization
June 21, 2022

Companies marketing their products in international market are faced with the decision of whether to standardize their product or adapt their product offerings. Product standardization means marketing a product in international market with some or little changes except for some cosmetic changes such as modifying labeling and packaging as per the countries regulation. The products […]

Read More
Choosing a Financial Product for Investment
June 21, 2022

When it comes to choosing a financial product for Investment, most of the investors rely on random tips they received from friends or relatives rather than analysis. Needless to say that this will result in financial losses later on. It is very important to adopt due diligence while choosing a financial product and the checklist […]

Read More
icon