Bare Act Search Results

Industrial Finance Corporation Act, 1948 Complete Act

State: Central

Year: 1948

.....of India established by this Act ; 1(c) "industrial concern" means any limited company or co -operative society incorporated by a Central Act of an Act of the Legislature of a State or under any for the time being in force and registered in India Which is engaged or is to be engaged in.- (i) the manufacture, preservation or processing of goods; (ii) shipping; (iii) mining; (iv) the hotel industry; (v) the generation or distribution of electricity or any other form of power; (vi) the transport of passengers or goods by road or by water or by ropeway or by lift; (vii) the maintenance, repair, testing or servicing of machinery of any description or vehicles or vessels or motorboats or trailers or tractors; (viii) assembling, repairing or packing any article with the aid of machinery or power; (ix) the development of any contiguous area of land as in industrial estate; (x) fishing or providing shore facilities for fishing or maintenance thereof; (xi) Providing special or technical knowledge or other services for the promotion of industrial growth; or (xii) the research and development of any process or product in relation to any of the matters aforesaid. Explanation.- The.....