Relative

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11 October 2010 Is wife's brother included in relatives definition as per companies act?

12 October 2010 Yes as per section 6 of Companies Act husband and wife shall be traeted relative of others.

12 October 2010 Hi


The definitions of relative is given under section 6 of the Companies Act, 1956.

A details list of relatives has been given in schedule IA of the Companies Act, 1956. As per this section, a wife husband will be included as relative.

The provisions of Section 6 and Schedule IA will apply to all company whether it is public company or private company.

Regards

12 October 2010 The provisions of Section 6 and Schedule IA wife's husband included in relatives definition.


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