A public company in which a director or manager is a member or director holding shares along with their relatives; holding subsidiary and associate companies; and any person on whose advice or instructions a director is accustomed to act. excluding purely professional advice. It is a pretty broad net, and businesses often don't realize it includes situations other than the obvious fam... https://corpzoindia.blogmazing.com/41893145/section-188-related-party-transactions-a-complete-compliance-guide