Examples of Connected Person in a sentence
This provision does not permit any material benefit to a member of the Council or Connected Person that is not otherwise authorised by these Articles or under the Companies Act.
As at 4 May 2022 (date of termination), there is no holdings from the Manager, the Trustee and their Connected Person.
I/We undertake on behalf of XYZ Limited, that during the Auction Process, no person who would be considered as Connected Person and is not eligible to submit resolution planunder section 29A of Insolvency and Bankruptcy Code, 2016 and the regulation 38 of IBBI (Insolvency Resolution Process of Corporate Persons) regulations, 2016 shall be engaged in the management and control of corporate debtor.
I undertake on behalf of XYZ Limited, that during the Liquidation Process, no person who would be considered as Connected Person as is not eligible to submit resolution plan under Section 29A of Insolvency and Bankruptcy Code, 2016 and the regulation 38 of IBBI (Insolvency Resolution Process of Corporate Persons) regulations, 2016 shall be engaged in the management and control of the corporate debtor.
The Management Company on behalf of the Scheme shall not without the approval of its Board of Directors in writing and consent of the Trustee, purchase or sell any security from or to any Connected Person or employee of the Management Company.