Question ID :
44724
Related party identification
M/s PQR is an AOP ( Association of Persons) . Its members are M/s ABC Pvt ltd and M/s DEF (partnership firm ). So is M/s PQR and M/s ABC Pvt ltd related parties as per companies act .
Posted by
samirkumar gokulbhai kasvala
on
Sep 04, 2024
Filed Under
AUDIT
Answer ID :
85495
whether M/s PQR and M/s ABC Pvt Ltd are related parties depends on the specific facts, such as control, influence, or commonality of directors or managers. You may need to examine further details to determine if the criteria for related parties under Section 2(76) are met.
Posted by
CA. SURAJ KUMAR CHOUDHARY on
Sep 05, 2024