This Policy on Related Party Transactions is prepared and adopted to build a framework to regulate related party transaction under the provisions of the Companies Act, 2013 and relevant rules made there under, as amended from time to time of Central U.P. Gas Limited (“CUGL” or “Company”).
Purpose of the Policy
The purpose of this policy is to ensure that all transactions with the related parties are properly identified, reviewed and approved pursuant to the provisions of the Companies Act, 2013 and relevant rules made there under and amendment there for. This policy is applicable on the transactions which are between the Company and its related party.