Definition of relatives extends to specified parents, children, spouses and siblings for corporate law classification. The schedule defines relatives by enumerating specified family members for corporate law purposes: parents (including step-parents), children (including step-children), lineal descendants and ascendants, spouses of children and descendants, and siblings (including step-siblings) and their spouses, thereby clarifying which familial relationships are treated as 'relatives' under the Companies Act framework.
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Provisions expressly mentioned in the judgment/order text.
Definition of relatives extends to specified parents, children, spouses and siblings for corporate law classification.
The schedule defines relatives by enumerating specified family members for corporate law purposes: parents (including step-parents), children (including step-children), lineal descendants and ascendants, spouses of children and descendants, and siblings (including step-siblings) and their spouses, thereby clarifying which familial relationships are treated as "relatives" under the Companies Act framework.
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