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Section 1

[Explanation.—For the purposes of this clause, the expression " company " includes any body corporate;]

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1 [Explanation.—For the purposes of this clause, the expression " company " includes any body corporate;] (47) " independent director " means an independent director referred to in sub-section (6) of section 149; (48) " Indian Depository Receipt " means any instrument in the form of a depository receipt created by a domestic depository in India and authorised by a company incorporated outside India making an issue of such depository receipts; 2* * * * * (50) " issued capital " means such capital as the company issues from time to time for subscription; (51) " key managerial personnel " , in relation to a company, means— (i) the Chief Executive Officer or the managing director or the manager; (ii) the company secretary; (iii) the whole-time director; (iv) the Chief Financial Officer; 3***