Webinar on Related Party Transactions - Analysis of Regulations including Other Recent SEBI Notifications

The team at Ivy Law participated in a webinar on “Related Party Transactions: Analysis of Regulations including other Recent SEBI Notifications” organized by the Corporate Affairs Committee of PHDCCI. The key highlights of the session included the new disclosure requirements to be placed by listed entities, the revised definition of related party transactions (RPT's), inclusion of leases, service agreements, and loan agreements in RPT's and the legal sanctity of the same. The governance structure pertaining to RPTs , directors’ liability under the Companies Act, 2013, role of the Audit Committee for ascertaining RPT's which are important for good corporate governance, the latest circulars issued by SEBI on RPT's and the interplay of RPT's between the provisions of the Companies Act, 2013 and SEBI Listing Regulations were also deliberated upon.