Related-party rule dilution panned as anti-investor Two rounds of dilution to the rules governing related party transactions (RPTs) under the new Companies Act are loaded against small investors. And, subvert the legislature’s intent to regulate such transactions, many of which often end up enriching promoters at the cost of small investors. Governance firms and institutional investors have criticised the ministry’s move and have demanded a review. - See more at: canextstep/related-party-rule-dilution-panned-as-anti-investor/#.U_g8seTHkbA
Posted on: Sat, 23 Aug 2014 07:04:31 +0000
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