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Definition of Close Relative as per Section 2(77) of The Companies Act 2013:

A person is a close relative of other if :

  1. They are members of a Hindu Undivided Family(HUF); or
  1. They are husband and wife; or
  1. They are related to each other in the manner as prescribed.
Relationships as prescribed under Rule 4 of the Companies(Specification of definitions details) Rules 2014 are:
  1. Father (including step father)
  1. Mother (including step mother)
  1. Son (including step son)
  1. Son's wife
  1. Daughter
  1. Daughter's husband
  1. Brother (including step brother)
  1. Sister (including step sister)

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