This document discusses material related party transactions and other related party transactions under Indian accounting standards. It defines a material related party transaction as individually or collectively exceeding 5% of a company's annual turnover or 20% of the total turnover of the preceding financial year, whichever is higher. For material related party transactions, prior approval is required from both the audit committee and shareholders through a special resolution, while other related party transactions only require prior audit committee approval.

1. Ganesan
ganesanraman2012@gmail.com

2.  Material related party transactions
 Other related party transactions

3.  What is material ?
Individually or collectively during
the financial year
5% annually turnover OR
20% TURNOVER [TO] which ever is
higher
TO based on preceding financial year.

4.  For material RPT
 PRIOR audit committee approval +
 PRIOR shareholders approval through
special resolution

5.  RPT
 PRIOR audit committee approval