Jab company apne promoters, directors, relatives, ya unke controlled entities ke sath deal karti hai, usko related party transaction bolte hain. Yahan biggest risk conflict of interest ka hai – deal company ke interest me hai ya bas promoter ka pocket bharne ke liye?
Law isiliye special safeguards rakhta hai:
- Board ko full disclosure,
- Interested directors ka abstain hona,
- Certain cases me shareholders ka approval,
- Arm’s length terms – yani market ke hisaab se reasonable pricing.
Investors ko annual reports, notes to accounts, aur related party disclosures dikkat se padhne chahiye. Agar lag raha hai ki company apna hi asset costly lease pe le rahi hai promoter se, ya services ka bill unrealistic hai, to question uthana obvious hai.
Good governance ka matlab sirf compliance form fill karna nahi, balki genuinely fair deals ensure karna hai jahan minority shareholders ko bhi respect mile.
