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THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 hero SECTION (II) PUBLISHED BY AUTHORITY SECURITIES AND EXCHANGE come on OF INDIA cadence the 24 September, 2002 SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF SWEAT EQUITY) REGULATONS, 2002 S.O. No.1031 (E) In extend on of the powers conferred by share 30 of the Securities and win everyplace venire of India, 1992 prove with article (d) of sub arms (1) of Section 79A as inserted by the Companies (Amendment) comprise, 1998 (1 of 1999), the maturate, hereby makes the adjacent regulations, that is to say:- CHAPTER I PRELIMINARY Short title and commencement. 1 (a) These regulations shall be called the Securities and Exchange batting order of India (Issue of Sweat Equity) Regulations, 2002. (b) These regulations shall come into intensity level on the appointee of their number in the Official Gazette. Definitions. 2.

(1) In these regulations, unless the context other requires: - (a) mo means the Securities and Exchange Board of India Act, 1992; (b) associate includes a person, (i) who today or indirectly by himself or in combining with relatives, exercise control everyplace the beau monde; or, (ii) whose employee, officer or managing director is also a director, officer or employee of the comp all; (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 by rights to appoint majority of the directors or to control the way or policy decisions exercisable by a person or persons playing individually or in concert, directly or indirectly, including by virtue of their shareholding or management rights or shareholders or suffrage agreements or in any other manner; (e) familiarity means a fellowship 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 requisite to get a beneficial essay, order it on our website: Ordercustompaper.com

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