Recusal

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....' includes an entity or an individual. (2) Recusal shall mean all of the following - (i) not present when the matter relating to such person comes up for discussion or decision; (ii) not having access to information relating to that matter; (iii) not participating in discussion relating to that matter; and (iv) any other manner as may be determined by the com....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....) the employee has investment in products offered by a SEBI regulated entity which is professionally managing pooled investment vehicle and the investment is beyond the threshold of 25% prescribed in regulation 64(2), till the time the investment with that entity falls below the threshold of 25%. (4) An employee shall have material interest in a person if- (i) he and his family member ....