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PERIODIC DISCLOSURES FORM NL31: RELATED PARTY TRANSACTIONS Insurer: Universal Compo General Insurance Company Limited Date : As on 30th SEPT 2012 (in Lakhs) Related Party Transactions Consideration
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Nature of relationship with refers to the connection or association between two or more individuals or entities.
Individuals or entities who have a business or personal relationship that needs to be disclosed may be required to file nature of relationship form.
Nature of relationship forms can be filled out online or on paper, providing details about the relationship and any relevant information.
The purpose of nature of relationship form is to ensure transparency and disclosure of any relevant connections or associations that may create conflicts of interest.
Information such as names of individuals or entities involved, nature of the relationship, duration of the relationship, and any potential conflicts of interest must be reported on nature of relationship form.
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