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Board of Directors: AOC-2 | Download Free Templates

Team Lawyered
Team Lawyered
  • Jun 4, 2021
  • 2 min to read
Board of Directors: AOC-2 | Download Free Templates Lawyered

1. What is Form AOC 2? 

AOC 2 is a form filed by the company for Disclosure of particulars of contracts/arrangements entered into by the Company with related parties referred to in subsection (1) of section 188 of the Companies Act, 2013 including certain arms-length transaction under third proviso thereto. 

2. Why is it important? 

The idea of related gathering under Section 188 was presented in Companies Act 2013, to expand the straightforwardness and to keep cautiousness upon every one of transactions, and to have improved responsibility for key administration of related gathering transactions. It is vital to consider every one of the angles prior to going into any connected gathering exchanges and what all endorsements are required.

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Team Lawyered
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Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

Blog Comment
Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

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