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<h1>Related party transactions: voting exclusion limited to parties related to the specific contract; restructuring and pre-existing contracts exempt.</h1> The circular confines the voting prohibition to parties related only with respect to the specific contract for which a special resolution is sought, excludes transactions arising from compromises, arrangements and amalgamations from the ambit of section 188, and preserves existing contracts entered into under the prior regime until their original term expires; modifications to such contracts on or after 1 April 2014 must comply with section 188 requirements.