Subject: where the transaction is not arms’ length and for full value For the purposes of this section, “related party transaction” means any transaction, directly or indirectly, with (a) any of the management or 5% or more shareholders or promoters of the Company or any subsidiary, or (b) any entity in which any such person is interested, or (c) any person who is connected or related to any such person, or (d) any entity which is not a subsidiary of the Company, where the transaction is not arms’ length and for full value.
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