LexisNexis's Related Party Transactions under the Companies Act, 2013

LexisNexis's Related Party Transactions under the Companies Act, 2013 – 3rd Edition 2025 is a specialized legal treatise offering a deep dive into one of the most regulated and critical areas of corporate law – Related Party Transactions (RPTs). This edition has been meticulously updated to reflect the latest judicial interpretations, regulatory updates, and compliance obligations as per the Companies Act, 2013, SEBI (LODR) Regulations, and other applicable frameworks.

The book provides comprehensive and practical analysis of RPT provisions under Section 188 and related rules, covering every nuance from definition to disclosure, board approval processes, audit committee roles, and penal consequences. Designed for company secretaries, legal professionals, compliance officers, auditors, and corporate law students, this authoritative volume is both a scholarly reference and a real-world guide.

Key Features:

• ⚖️ In-Depth Analysis of Section 188: Detailed explanation of the legal framework governing RPTs under the Companies Act, 2013 along with procedural compliance requirements.

• 📋 Board & Shareholder Approvals: Clarifies procedural mandates such as approval thresholds, audit committee oversight, and shareholder resolutions.

• 🏛️ Latest Case Law & Regulatory Developments: Integrates significant rulings and regulatory clarifications from MCA, SEBI, and NCLT/NCLAT as of 2025.

• 🔍 Definitions & Scope Explained: Comprehensive treatment of terms like “related party,” “ordinary course of business,” and “arm’s length transaction” with interpretative guidance.

• 🔄 SEBI (LODR) Regulations Interplay: Examines the convergence of Companies Act and SEBI guidelines for listed companies, ensuring holistic compliance.

• 📑 Templates & Drafts: Includes sample board resolutions, shareholder notices, explanatory statements, and compliance checklists.

• 🧩 Industry-Specific Insights: Highlights key issues in RPTs concerning group companies, joint ventures, subsidiaries, and promoter-held entities.

• 📚 Academic and Professional Utility: Serves as a valuable aid for corporate law examinations and practical applications in corporate governance functions.

Why This Book is Essential:

• ✅ Focused Coverage on a Critical Compliance Area: Eliminates ambiguity in interpreting and implementing RPT provisions, which are frequently scrutinized by regulators.

• 🛡️ Risk Management & Governance: Helps corporates strengthen internal controls and reduce exposure to governance and disclosure risks.

• 🧾 Updated & Reliable Resource: Authored by leading legal professionals with practical expertise, making it a trusted reference for day-to-day compliance and advisory.

• 📘 Bridge Between Law and Practice: Offers real-world illustrations, procedural guidance, and analytical commentary bridging legal theory with practical execution.

• 🧑‍💼 Indispensable for Company Secretaries & Legal Advisors: A go-to guide for ensuring timely and complete compliance with RPT obligations under the current corporate law regime.