Anil
asked
3
0
Answer Now
Comment
Report
3
Answers
megha
answered
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]**
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below –
For any questions Request A Call Back
ranjan bhutani
answered
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.
Pankaj
answered
(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.
