There is a clarification from MCA in respect of related parties transaction. This will provide some relief to the operation of company. The link of notification is given below and the analysis of the same will be provided very shortly.
http://www.caalley.com/colaw14/Circular_No_30_17072014.pdf
http://www.caalley.com/colaw14/Circular_No_30_17072014.pdf
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