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V.S. Datey on Companies Act, 2013
  • SEBI(ICDR)Regulation,2018_Promoter group definition

    by manish jain on Wednesday, March 20, 2019 at 04:12 PM

    As per Regulation 2(pp) promoter group includes an immediate relative of the promoter (i.e. any spouse of that person, or any parent, brother, sister or child of the person or of the spouse). Is the parent, brother and sister of the spouse is also included in promoter group as per definition ? Your opinion is highly solicited.

    Replied byV.S. Datey Thursday, March 21, 2019 at 09:21 AM

    yes - why not? the word used is 'or of the spouse' V S Datey

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