1)If P is KMP in R Ltd & P Holds 26% voting power in Qltd Then R & Q will be related party or not? 2)If P has Joint control in R Ltd & P Holds 29% voting power in Qltd Then R & Q will be related party

Xyz · 15 Aug 2025

In both the cases they will be related parties....as per sec 77 of the companies act

K · 12 Aug 2025

1. Yes – 26% in Q = associate of P, and P is KMP in R, so R & Q are related. 2. Yes – 29% in Q = associate of P, and P has joint control in R, so R & Q are related

.... · 11 Aug 2025

Here Instead Of P, if it was P Ltd then They will Not be considered as related?

MIDHUN · 11 Aug 2025

AS Per As 18 "Related party disclosures" Mainly 5 relationships are covered 1. Holding and subsidiary 2. Investor and associate, venture and joint venture. 3. Persons having significant influence or control and thier relatives 4.KMP and relatives 5.Enterprises in which persons mentioned in(3)&(4) having significant influence or control 1. Here R and Q are related parties as per point 5. 2. Here R and Q are related parties as per point 5. These answers are as per my understanding feel free to correct if i am wrong