Section 2(1)(b) in Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002

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Securities And Exchange Board Of India - Subsection

Section 2(1)(b) in Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002

(b)'associate' includes a person,

(i)who directly or indirectly by himself or in combination with relatives, exercise control over the company; or,

(ii)whose employee, officer or director is also a director, officer or employee of the company;