company law section 188

sec 188 rpt k case m joh bhi turnover networth check krte h woh apna check krte h ki smne wali co ka? for example coA hai jiska t/o 1000cr ka h and coB ka 10cr ka and coA ne order Diya 5cr ka coA k liye yeh kuch hai h lekin coB k liye toh bht bada order h na unke adhe saal ka order hum 1 order m hi complete krrhe h toh iss case m hum samne wale ka chck krenge na kyuki humare transaction s usko kya fayeda uski t/o ka percentage dekhenge na

For the purpose of determining thresholds under Section 188, the turnover or net worth of the company entering into the transaction is considered. The financial position of the counterparty is irrelevant for this purpose.

Answer given by Shubhamm Sir at 01-May-2026 02:17 PM