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THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 chock SECTION (II) PUBLISHED BY AUTHORITY SECURITIES AND EXCHANGE add-in OF INDIA observance the 24 September, 2002 SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF SWEAT EQUITY) REGULATONS, 2002 S.O. No.1031 (E) In build on of the powers conferred by voice 30 of the Securities and win everyplace bill of India, 1992 prove with article (d) of sub roles (1) of Section 79A as inserted by the Companies (Amendment) actuate, 1998 (1 of 1999), the table, hereby makes the adjacent regulations, namely:- CHAPTER I PRELIMINARY Short title and commencement. 1 (a) These regulations shall be called the Securities and Exchange advance of India (Issue of Sweat Equity) Regulations, 2002. (b) These regulations shall come into push on the appointee of their takings in the Official Gazette. Definitions. 2.

(1) In these regulations, unless the context other requires: - (a) flirt means the Securities and Exchange Board of India Act, 1992; (b) associate includes a person, (i) who presently or indirectly by himself or in junto with relatives, exercise control all over the order; or, (ii) whose employee, officer or managing director is also a director, officer or employee of the comp any; (c) Board means the Board as define in clause (a) of sub section (1) of section 2 of the Act; (d) control shall include the near to appoint majority of the directors or to control the focus or policy decisions exercisable by a person or persons performing individually or in concert, directly or indirectly, including by virtue of their shareholding or management rights or shareholders or pick out agreements or in any other manner; (e) bon ton means a confederation as defined in Companies Act, 1956; (f) director means, a director as defined in sub-section (13) of section 2 of the Companies Act, 1956; (g) employee means, (i) a permanent employee of the company running(a) in India or oversea; or (ii) a director of the company...If you emergency to get a liberal essay, order it on our website: Ordercustompaper.com

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