https://www.taxtmi.com/acts?id=20270 Omnibus approval for related party transactions must be made by the Audit Committee under Board-approved criteria, including aggregate and per-transaction value limits, disclosure requirements, review intervals, and exclusions. The Committee must assess repetitiveness and need, ensure such approval is in the company's interest, and include identifying details, duration, maximum amounts, base price or price formula and other relevant information. Unforeseen transactions may be approved subject to a per-transaction cap. Approvals are valid up to one financial year, require renewal, and exclude transactions disposing of the company's undertaking. en-us Thu, 24 Dec 2015 10:50:32 +0530 Thu, 12 Mar 2026 10:39:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20270 Omnibus approval for related party transactions must be made by the Audit Committee under Board-approved criteria, including aggregate and per-transaction value limits, disclosure requirements, review intervals, and exclusions. The Committee must assess repetitiveness and need, ensure such approval is in the company's interest, and include identifying details, duration, maximum amounts, base price or price formula and other relevant information. Unforeseen transactions may be approved subject to a per-transaction cap. Approvals are valid up to one financial year, require renewal, and exclude transactions disposing of the company's undertaking. Act-Rules Companies Law Thu, 24 Dec 2015 10:50:32 +0530 https://www.taxtmi.com/acts?id=20270