First Notes - 18 July 2014

First Notes - 18 July 2014

Related party transactions – certain clarifications by the MCA


Also on

The Companies Act, 2013 (the Act), though largely operationalised with effect from 1 April 2014, has thrown up various implementation challenges for corporate India, and one of them relates to provisions concerning ‘related party transactions’. The Ministry of Corporate Affairs (MCA), vide general circular no. 30/2014, dated 17 July 2014, has provided clarifications on the matters relating to related party transactions under section 188 of the Act.

© 2017 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Connect with us


Request for proposal



KPMG’s new-look website

KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.

Read more