APPENDIX-I CODE OF CONDUCT FOR BOARD MEMBERS AND SENIOR MANAGEMENT PERSONNEL EXTRACT OF SECTION 6 OF THE COMPANIES ACT, 1956 Meaning of "relative" |
6.0 | A person shall be deemed to be a relative of another if, and only if,- |
(a) they are members of a Hindu undivided family; or (b) they are husband and wife; or (c) the one is related to the other in the manner indicated in Schedule IA. SCHEDULE IA LIST OF RELATIVE |
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1. Father 2. Mother (including step-mother) 3. Son (including step-son) 4. Son's wife 5. Daughter (including step-daughter) 6. Father's father 7. Father's mother 8. Mother's mother 9. Mother's father 10. Son's son 11. Son's son's wife 12. Son's daughter 13. Son's daughter's husband 14. Daughter's husband 15. Daughter's son 16. Daughter's son's wife 17. Daughter's daughter 18. Daughter's daughter's husband 19. Brother (including step-brother) 20. Brother's wife 21. Sister (including step sister) 22. Sister's husband |