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We conducted 209th webinar on "Industry Standards on Minimum Information to be Provided for Approval of RPT" on 21st February, 2025. Click here to view the recording:
The webinar received an overwhelming response, with over 1,000 participants registered and received more than 100 questions. Due to time constraints in 209th webinar, we have decided to conduct a separate webinar exclusively for Q&A. We have invited members of the ISF Working Group to address participants' queries.
Key Queries for discussion during the webinar:
- Whether the Standards apply only to approvals taken after April 01, 2025, or transactions undertaken after the said date?
- If omnibus approval for transactions pertaining to FY 2025-26 is taken before March 31, do these Standards still apply?
- Whether all RPTs falling under any level of the Applicability Matrix require certification from CEO, CFO, or Promoter Directors?
- Will the Standards apply to quarterly reporting of RPTs to the Audit Committee, or only when approvals are sought?
- Payment of remuneration to a related party or other transaction which is not covered under line items B(2) to B(8), does such a transaction still need to comply with these Standards?
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