RELATED PARTY TRANSACTIONS |
6 Months Ended | |
|---|---|---|
Dec. 31, 2015 | ||
| Related Party Transactions [Abstract] | ||
| Related Party Transactions Disclosure [Text Block] |
NOTE 8 – 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 December 31, 2015 and June 30, 2015, the Company owed certain directors a total of $54,005 and $79,416 respectively, for money loaned to the Company throughout the years. The loan balance owed at December 31, 2015 was not interest bearing (See Note 4). As of December 31, 2015 and June 30 2015, the Company owed two directors a total of $33,471 and $35,108, respectively, related to expenses paid on behalf of the Company related to corporate startup costs and intellectual property (See Note 3). |