1.1.3- Companies (Specification of definitions details) Rules, 2014.
3. Related party.-
For the purposes of sub-clause (ix) of clause (76) of section 2 of the Act, a director or key managerial personnel of the holding company or his relative with reference to a company, shall be deemed to be a related party.
inserted by Notification no. G.S.R. 507 (E). dated 17 July 2014. To view the notification,Click Here