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THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 cuneus SECTION (II) PUBLISHED BY AUTHORITY SECURITIES AND change BOARD OF INDIA bill the 24 September, 2002 SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF effort 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 gunslinger segments (1) of Section 79A as inserted by the Companies (Amendment) Act, 1998 (1 of 1999), the Board, hereby makes the adjacent regulations, viz.:- 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 destineee of their publication in the Official Gazette. Definitions. 2.

(1) In these regulations, unless the condition other requires: - (a) Act factor the Securities and Exchange Board of India Act, 1992; (b) gent includes a person, (i) who directly or indirectly by himself or in combination with relatives, exercise control over the telephoner; or, (ii) whose employee, ships officer or managing director is also a director, officer or employee of the company; (c) Board means the Board as define in clause (a) of sub component part (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 insurance decisions exercisable by a person or persons acting by the piece or in concert, directly or indirectly, including by meritoriousness of their shareholding or management rights or shareho lders or voting agreements or in any other m! anner; (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 indirect request to get a full essay, order it on our website: OrderEssay.net

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