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Friends, Family, & SEBI

The Morning Brief

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The Challenges Faced by the Companies

The sebi requires a lstate company to certify every six months that if there are lone transactions with related partes, they are in the financial interest. And here, i think i have some ideological po conflict, because when a company undertakes the related party transaction, it is not necessary that it is only in the financial interests. It may be a strategic projectand it may be supporting a subsidiary. So i think that is something which some of the companies may find a little challenging tom to deal and there is also the issue of the threshold limit of rupees thousand crow for seeking approval.

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