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Policies under Companies Act 2013, SEMI (LODI) Regulations 2015 and SEMI (PIT)Regulations, 2015Name of the Policy a. Policy on Materiality of Related Party Transactions b. Nomination and Remuneration
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How to fill out policy on related party

01
Identify all related parties involved in the business transactions.
02
Gather all necessary information about the related parties including their relationship to the company.
03
Evaluate any potential conflicts of interest that may arise from the transactions with related parties.
04
Establish guidelines and procedures for dealing with related party transactions.
05
Implement the policy on related party transactions and ensure all employees are aware of and adhere to it.
06
Regularly review and update the policy to stay in compliance with regulations and best practices.

Who needs policy on related party?

01
Companies of all sizes and industries can benefit from having a policy on related party transactions.
02
This is particularly important for publicly traded companies to ensure transparency and compliance with regulations.
03
Companies with significant relationships with related parties, such as subsidiaries, joint ventures, or major suppliers, also need a policy in place to mitigate risks of conflicts of interest.
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The policy on related party is a set of guidelines and rules that regulate transactions and relationships between a company and its related parties.
Companies are required to file policy on related party in order to ensure transparency and prevent conflicts of interest.
Policy on related party can be filled out by detailing the company's definition of related parties, types of transactions allowed, approval processes, and disclosure requirements.
The purpose of policy on related party is to ensure that transactions with related parties are conducted in a fair and transparent manner, to prevent conflicts of interest, and to comply with relevant regulations.
Information that must be reported on policy on related party includes details of related party transactions, nature of relationships, pricing mechanisms, approval authorities, and disclosure requirements.
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