TaxTMI 
TaxTMI 
Definitions
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....n with relatives, exercise control over the company or, ii) whose employee, officer or director is also a director, officer or employee of company; c) "Board" means the Securities and Exchange Board of India established under section 3 of the Act; d) 'Buyback period' means the period between the date of board of directors resolution or date of declaration of results of the postal ballot for ....
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....hem under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011]; h) 'insider' means an insider as defined in clause (g) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015; i) 'merchant banker' means a merchant banker as defined in clause (cb) of regulati....
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....hareholder of a company, who holds shares or other specified securities whose market value, on the basis of closing price of shares or other specified securities, on the recognised stock exchange in which highest trading volume in respect of such securities, as on record date is not more than two lakh rupee; n) 'specified securities' includes employees' stock option or other securities as may be....
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....f the Board. (ii) All other expressions unless defined herein shall have the same meaning as has been assigned to them under the Act or the Securities Contracts (Regulation) Act, 1956, or Companies Act or any statutory modification or re-enactment thereof, as the case may be. **************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/120 dated 07-02-2023 w.e.f. thirtieth ....