Home » Myanmar Publications » The DICA Clarifies Corporate Approval of Director and Related Party Transactions
The DICA Clarifies Corporate Approval of Director and Related Party Transactions
February 26, 2020Related party transactions are a frequent occurrence in Myanmar corporate life. When one company transacts with another company with which it has some sort of connection through shareholders, directors, family etc…
Highlights of this note
- Board approval procedure under s. 187:
- Member approval procedure under s. 188:
- Different interpretations possible
- Clarification
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