Related parties

This topic has 1 reply, 2 voices, and was last updated 6 years ago by Stephen Widberg.

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May 17, 2020 at 2:39 pm #571118
Anonymous
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Hello,

If suppose Mr X is able to exert significant influence over entity A at 25% and entity B at 30%

My doubt here is where both the entities are considered related party or not?

Thanks in advance
May 18, 2020 at 4:30 pm #571199
Stephen Widberg
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Not automatically. Would depend on the facts of the situation. In the exam say ‘potentially RP’
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