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PERIODIC DISCLOSURES FORM NL31 : Related Party Transactions Name of the Insurer: CHART AXA General Insurance Company Limited Registration No: 139 and Date of Registration with the IR DAI : 27th June

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How to fill out policy for related party

01

Identify all related parties involved in the business.

02

Clearly define the purpose and scope of the policy for related party.

03

Outline the procedures for identifying and disclosing related party transactions.

04

Establish guidelines for evaluating the fairness and reasonableness of related party transactions.

05

Include reporting and review processes to ensure compliance with the policy.

Who needs policy for related party?

01

Companies with multiple subsidiaries or business entities.

02

Publicly traded companies subject to regulatory requirements.

03

Businesses with key stakeholders who are related parties, such as family members or close associates.

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What is policy for related party?

Policy for related party is a set of rules and guidelines governing the relationships and transactions between a company and its related parties, such as directors, officers, and shareholders.

Who is required to file policy for related party?

All companies are required to have a policy for related party and file it with the appropriate regulatory authorities.

How to fill out policy for related party?

Policy for related party can be filled out by outlining the procedures for identifying related parties, disclosing related party transactions, and mitigating conflicts of interest.

What is the purpose of policy for related party?

The purpose of policy for related party is to ensure transparency, prevent abuse of power, and protect the interests of the company and its stakeholders.

What information must be reported on policy for related party?

Information reported on policy for related party includes the names of related parties, nature of relationships, details of transactions, and measures taken to prevent conflicts of interest.

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