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  • MCA amends the limits for board approval of related party transactions

    MCA amends the limits for board approval of related party transactions

    Ministry of Corporate Affairs (“MCA”) vide Gazette Notification No. G.S.R. 857 (E) dated 18 November 2019, amended Rule 15(3)(a) of the Companies (Meetings of Board and its Powers) Rules, 2014 per below table: Previous Position Present Position Board approval for

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