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SEBI LODR V/S Companies Act, 2013
SEBI LODR V/S Companies Act, 2013
9 Omnibus Approvals A limit of Rs. one crore per No limit specified. Validity
transaction of the approval is for a
stipulated. Validity of the financial year
approval is for a year.
10 Material Related Party A blanket limit of 10% of the Transaction wise limit has
Transactions annual consolidated been specified. Only to the
turnover of the previous parties to the transaction
year specified. All the cannot vote on
related parties cannot vote the transaction.
on the resolution.