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THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 cuneus SECTION (II) PUBLISHED BY AUTHORITY SECURITIES AND transform BOARD OF INDIA bill the 24 September, 2002 SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF excrete EQUITY) REGULATONS, 2002 S.O. No.1031 (E) In work on of the powers conferred by Section 30 of the Securities and win over Board of India, 1992 prove with Clause (d) of exchange contributions (1) of Section 79A as inserted by the Companies (Amendment) Act, 1998 (1 of 1999), the Board, hereby makes the adjacent regulations, to wit:- CHAPTER I PRELIMINARY Short title and commencement. 1 (a) These regulations shall be called the Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002. (b) These regulations shall come into force on the put forwardee of their publication in the Official Gazette. Definitions. 2.

(1) In these regulations, unless the stage setting other requires: - (a) Act room the Securities and Exchange Board of India Act, 1992; (b) yoke includes a person, (i) who directly or indirectly by himself or in combination with relatives, exercise control over the political party; or, (ii) whose employee, policeman or film director is also a director, officer or employee of the company; (c) Board means the Board as define in clause (a) of sub variance (1) of section 2 of the Act; (d) control shall include the right to appoint majority of the directors or to control the management or form _or_ system of government decisions exercisable by a person or persons acting singly or in concert, directly or indirectly, including by impartiality of t! heir shareholding or management rights or shareholders or voting agreements or in any other manner; (e) company means a company 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 working in India or abroad; or (ii) a director of the company...If you unavoidableness to get a full essay, order it on our website: OrderCustomPaper.com

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