Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTY TRANSACTIONS

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RELATED PARTY TRANSACTIONS
9 Months Ended
Mar. 31, 2013
Notes to Financial Statements  
NOTE 10 - RELATED PARTY TRANSACTIONS

Since inception, Propanc Health Group Corporation has conducted transactions with directors and director related entities. These transactions included the following:

 

As of March 31, 2013, the Company owed two directors a total of $90,177, for money loaned to the Company throughout the years. The loan balance owed at March 31, 2013 was not accruing interest (See Note 5).

 

As of March 31, 2013, the Company owed its chief executive officer and director a total of $50,182, net of repayments for money loaned to the Company throughout the years. The loan balance owed at March 31, 2013 was accruing interest (See Note 5).

 

As of March 31, 2013, the Company owed two directors a total of $65,278 respectively, related to expenses incurred on behalf of the Company related to corporate startup costs and intellectual property (See Note 4).