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hello,
(a) INDIVIDUAL: Director of lending co., or holding co. or any partner or relative of any “such director”;
(b) FIRM: in which any such director or relative is a partner;
(c) PVT LTD CO: of which such director is a director or member;
(d) BODY CORPORATE at a general meeting of which at least 25 % of voting power may be exercised or “controlled” by such director, or by two or more such directors, together; or
[Note – Relative of Director also not covered under this sub-clause]
(e) BODY CORPORATE Board, MD or manager, whereof is accustomed to act in accordance with directions or instructions of Board, or of any director or directors, of lending company.
**[Note – Relative of Director are not covered under this sub clause]**
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Dear,
(a) INDIVIDUAL: Director of lending co., or holding co. or any partner or relative of any “such director”;
(b) FIRM: in which any such director or relative is a partner;
(c) PVT LTD CO: of which such director is a director or member;
[Note – Relative of Director are not covered under this sub clause]
(d) BODY CORPORATE at a general meeting of which at least 25 % of voting power may be exercised or “controlled” by such director, or by two or more such directors, together; or
[Note – Relative of Director also not covered under this sub-clause]
(e) BODY CORPORATE Board, MD or manager, whereof is accustomed to act in accordance with directions or instructions of Board, or of any director or directors, of lending company.
(a) INDIVIDUAL: Director of lending co., or holding co. or any partner or relative of any “such director”;
(b) FIRM: in which any such director or relative is a partner;
(c) PVT LTD CO: of which such director is a director or member;
[Note – Relative of Director are not covered under this sub clause]
(d) BODY CORPORATE at a general meeting of which at least 25 % of voting power may be exercised or “controlled” by such director, or by two or more such directors, together; or
[Note – Relative of Director also not covered under this sub-clause]
(e) BODY CORPORATE Board, MD or manager, whereof is accustomed to act in accordance with directions or instructions of Board, or of any director or directors, of lending company.