Nationalisation - Definition - Law Dictionary Home Dictionary Definition nationalisation

Definition :

Nationalisation, the expression 'nationalisation' means 'the acquisition and control of privately owned business by government', Maharashtra State Electricity Board v. Thana Electric Supply Co., AIR 1990 SC 153 (164): (1989) 3 SCC 709: (1989) 2 SCR 544. [Preamble General Insurance (Emergency Provisions) Act]