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Q & A

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Can a trust in which chairman of the Board is also a trustee, be a related party to the Company (Public Limited Company)?

Definitions

Posted By: Pravin satardekar 8 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    Divesh Goyal

As per Definition of Related Party 2(76) trust is not designated as related party. Therefore, trust will not be related party.

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