Definitions

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....termediary, or any person who controls, directly or indirectly, the intermediary, or any entity or person under common control with such intermediary, and where such intermediary is a natural person will include any relative of such intermediary and where such intermediary is a body corporate will include its group companies (as defined in the Monopolies and Restrictive Trade Practices Act, 1969 (....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....o an intermediary shall include the power to, directly or indirectly, control the management or policy decisions of such intermediary by person or persons acting individually or in concert; ^6[(ea) "days" shall mean calendar days unless otherwise specified in these regulations;] (f) "Form" means a Form in Schedule I; (g) "intermediary" means a person mentioned in clauses (b) and (ba) of s....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....erson who is responsible for the activities of an intermediary and includes- (i) proprietor, in the case of a proprietary concern; (ii) any partner, in the case of a partnership firm; (iii) whole time/executive director/managing director, in the case of a body corporate; (iv) trustee, in the case of a trust; (v) any key employee; and (vi)any person desi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... issued by the Reserve Bank of India and includes any person whose director, promoter or principal officer is categorized as such.] (2) Words and expressions used and not defined in these regulations shall have the meaning assigned thereto under the Act; or the Securities Contracts (Regulation) Act, 1956 (42 of 1956) or the Companies Act, 1956 (1 of 1956) or the Depositories Act, 1996 (22 of 19....