Under Section 2(76) Companies Act 2013, 'related party' (with reference to a company) includes which of the following?

1. Section 2(76) defines 'related party' broadly. The catalogue includes: (i) a director or his relative; (ii) a KMP or his relative; (iii) a firm in which a director, manager or his relative is a partner; (iv) a private company in which a director or manager is a member or director; (v) a public company in which a director or manager is a director and holds along with relatives more than 2% of paid-up share capital; (vi) any body corporate whose Board acts on advice/instructions of a director or manager (other than professional advice); (vii) any person on whose advice/instructions the Board acts (other than professional advice); (viii) any company that is a holding, subsidiary or associate of the company; (ix) any company that is the subsidiary of a holding of which it is also a subsidiary; (x) an investing company or the venturer of the company (Companies Amendment Act 2017); (xi) such other person prescribed. 2. Related-party transactions are governed by Section 188. 3. Hence option B is correct. _Source: Companies Act 2013 (Act 18 of 2013), Govt. of India MCA — Companies Act 2013, Section 2(76) (as amended 2017 and 2019)_