Discuss the provision related to disclosure of Related Party Transactions (RPTS) in annual report according to Listing Regulations, 2015.

CS Professional · Ethics, Governance and Sustainability · PYQS · June 2019
Discuss the provision related to disclosure of Related Party Transactions (RPTS) in annual report according to Listing Regulations, 2015.

Answer & Explanation:

Regulation 34 and Schedule V of SEBI (LODR) Regulations, 2015 provides that annual report shall make disclosures in compliance with the Accounting Standard on "Related Party Disclosures". It is also provided under other disclosures in Corporate Governance Report, that the Listed Entity shall disclose the policy on dealing with Related Party Transactions on its website and a web link thereto shall be provided in the Annual Report. Regulation 27(2)(a) of SEBI (LODR) Regulations, 2015 provides that details of all material transactions with related parties shall be disclosed quarterly along with the compliance report on corporate governance.

Topics: Corporate Governance Disclosures

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