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Pursuant to Reserve Bank of India (RBI’s Circular DNS (PD) CC No.80/03.10.042 /200506 of 28 September
2006, RBI/201011/25DNBS (PD) CC No.185/03.10.042 /201011 dated July 1, 2010,
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What is read more - stci?
Read more - stci stands for 'Statement of Cash Transactions with Insiders', which is a form used to report any cash transactions made between a company and its insiders.
Who is required to file read more - stci?
Any company that has cash transactions with its insiders is required to file read more - stci.
How to fill out read more - stci?
To fill out read more - stci, one must gather all the relevant information about the cash transactions with insiders and report them accurately on the form.
What is the purpose of read more - stci?
The purpose of read more - stci is to provide transparency and disclosure about any cash transactions between a company and its insiders, to prevent any potential conflicts of interest.
What information must be reported on read more - stci?
Information such as the date of the transaction, the amount of cash involved, the parties involved, and the nature of the transaction must be reported on read more - stci.
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