The government of India recently constituted a committee to enhance and create more opportunities by reshaping the existing rules and regulations. This is in relation to the Company Law for which SEBI (Securities Exchange Board of India) has come up with amendments providing a phased timeline from October 1, 2018 to April 1, 2020 for most of the impediments.
Below are certain key amendments which shall become effective from April 1, 2019:
- Divulgence of related party transactions on consolidation basis
In accordance to Regulation 23 of SEBI (LODR) (‘’Listing Obligations and Disclosures Requirements’’) (Amendment) Regulations, 2018, disclosure of related party