Definition of ‘Close relative’ under the Indian Companies Act, 1956/2013

The term ‘Close relative’ means a relative as defined under the Companies Act, 1956/2013:

Act of 1956Act of 2013
U/s 6: MEANING OF “RELATIVE”A person shall be deemed to be a relative of another, if, and only if,(a) they are members of a Hindu undivided family ; or(b) they are husband and wife ; or(c) the one is related to the other in the manner indicated in Schedule IA.U/s 2(77) ‘‘relative’’, with reference to any person, means anyone who is related to another, if—(i) they are members of a Hindu Undivided Family;(ii) they are husband and wife; or(iii) one person is related to the other in such manner as may be prescribed.
Schedule IAAs prescribed
FatherFather (including step-father)
Mother (including step-mother)Mother (including step-mother)
Son (including step-son)Son (including step-son)
Son’s wifeSon’s wife
Daughter (including step-daughter)Daughter
Father’s fatherDaughter’s husband
Father’s motherBrother (including step-brothers)
Mother’s motherSister (including step-sister)
Mother’s father
Son’s son
Son’s son’s wife
Son’s daughter
Son’s daughter’s husband
Daughter’s husband
Daughter’s son
Daughter’s son’s wife
Daughter’s daughter
Daughter’s daughter’s husband
Brother (including step-brothers)
Brother’s wife
Sister (including step-sister)
Sister’s husband

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