https://www.taxtmi.com/caselaws?id=193744 The National Company Law Tribunal, Hyderabad, directed the Applicants to seek retrospective approval from the Central Government for related party transactions under Section 297 of the Companies Act, 1956. The Tribunal emphasized transparency in listed companies and instructed the Registry to inform SEBI due to the significant amount involved and the Applicant Company's listed status. The case highlighted the necessity of regulatory compliance and transparency in corporate transactions to protect stakeholders' interests. en-us Fri, 21 Oct 2016 00:00:00 +0530 Thu, 30 Nov 2017 10:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193744 The National Company Law Tribunal, Hyderabad, directed the Applicants to seek retrospective approval from the Central Government for related party transactions under Section 297 of the Companies Act, 1956. The Tribunal emphasized transparency in listed companies and instructed the Registry to inform SEBI due to the significant amount involved and the Applicant Company's listed status. The case highlighted the necessity of regulatory compliance and transparency in corporate transactions to protect stakeholders' interests. Case-Laws Companies Law Fri, 21 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193744