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 ... Summary
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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