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RBI attempts to liberalize the strictly regulated Private Placement of NCDs by NBFCs: issues Revised Guidelines Posted by:  www.onlinelawsolutions.com                   Subscribe Email Updates   For any query, mail us at: query@onlinelawsolutions.com  CS Vinita Nair vinita@vinodkothari.com Aman Nijhawan aman@vinodkothari.com Nidhi Parmar mt@vinodkothari.com   Copyright: This write up is the property of Vinod Kothari & Company and no part of it can be copied, reproduced or distributed in any manner. The website (www.onlinelawsolutions.com) has published this article on behalf on the author as requested. Disclaimer: This write up is intended to initiate academic debate on a pertinent question. It is not intended to be a professional advice and should not be relied upon for real life facts. Background: With an intent to regulate the privately placed issues of debentures by Non Banking Financial Companies (NBFCs) and to ensure minimum compl

Related Party Transaction approval- Case Study Posted by:  www.onlinelawsolutions.com                   Subscribe Email Updates   This article is a case study on section 188 i.e. entering into contracts or arrangements with a related party with respect to: Ø     Case Study: Parties for which the case is to be discussed: a.       ABC Pvt Ltd, a Company incorporated under Companies Act, 1956;   -             Director: Mr. A and Ms. B -             Member: Mr. A and Ms. B b.       XYZ Pvt Ltd ,   a Company incorporated under Companies Act, 1956 and a sister concern of ABC Pvt Ltd; -             Director: Mr. A and Ms. B -             Member: Mr. A and Ms. B Since the director and members in all the two companies are same and the directors and shareholders of the company are “Related Parties” as per section 2 (76) of the companies act, 2013 thus section 188 of the Companies Act, 2013 attracts to all the companies which is described hereunder: Ø