Ratification of RPTs: a rescue ship or an alternative to compliance?
– SEBI brings ratification provisions for RPTs skipping prior AC approval – Jigisha Aggarwal, Executive and Sourish Kundu, Executive The laws governing related party transactions (RPTs) in India mandate seeking prior approvals for RPTs. The law has also provided for a rescue in the name of ‘ratification’ where prior approval could not be taken or […]
