Open Access Research Article

THE CONFLICT OF INTEREST WITHIN THE BOARDROOM: EXAMINING RELATED PARTY TRANSACTIONS AND MINORITY SHAREHOLDER PROTECTION UNDER INDIAN CORPORATE LAW

Author(s):
SIDDHANT NEOPANEY RYTHM ROY CHOWDHURY
Journal IJLRA
ISSN 2582-6433
Access Open Access
Volume 3
Issue 8
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Abstract

Related party transactions are a normal part of group business in India, and the law does not forbid them. The trouble is that the same people often sit on both sides of the deal, and the shareholders who bear the cost have no seat at the table. This article looks at how Indian law responds to that problem. It covers the definition of “related party” in the Companies Act, 2013, the duties of directors, the audit committee, Section 188, Regulation 23 of the SEBI (LODR) Regulations, 2015, and the oppression remedy under Sections 241 and 242. It also considers SEBI’s 2025 reforms, namely the circulars on minimum disclosure and the new scale-based materiality thresholds. I argue that Indian law is now strong on information but still weak on independence and enforcement. Better disclosure helps the people who approve a transaction. It does little for the shareholders who cannot.

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Authors: SIDDHANT NEOPANEY & RYTHM ROY CHOWDHURYRegistration ID: 1013611 | Published Paper ID: IJLRA13611 & IJLRA13612Approved ISSN: 2582-6433 | Country: Delhi, India

Article Information

THE CONFLICT OF INTEREST WITHIN THE BOARDROOM: EXAMINING RELATED PARTY TRANSACTIONS AND MINORITY SHAREHOLDER PROTECTION UNDER INDIAN CORPORATE LAW

Authors: SIDDHANT NEOPANEY, RYTHM ROY CHOWDHURY

  • Journal IJLRA
  • ISSN 2582-6433
  • Volume 3
  • Issue 8
Citation Download Paper Full Details Search on Google Search on Google Scholar

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International Journal for Legal Research and Analysis

  • AbbreviationIJLRA
  • ISSN2582-6433
  • AccessOpen Access
  • LicenseCC 4.0

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