Related party status extends to directors excluding independent directors, key managerial personnel of holding companies and their relatives. Related party for sub clause (ix) of clause (76) of section 2 includes a director (other than an independent director) or key managerial personnel of the ... Summary
Related party status extends to directors excluding independent directors, key managerial personnel of holding companies and their relatives.
Related party for sub clause (ix) of clause (76) of section 2 includes a director (other than an independent director) or key managerial personnel of the holding company, and their relative; these persons are deemed related parties.
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