Trading
Legal definition for Indian law research
Definition
Trading, is exchange or sale of goods, whereas manufacture is the making of goods by a technical or industrial process. Trading does not include running of flour mill, which is substantially a process of manufacture, as the mill grinds corn into flour and makes a new product, Beharilal v. Chandrawati, AIR 1966 All 541: 1966 All LJ 358: 1966 All WR (HC) 183.
Means purchase of electricity for resale thereof and the expression 'trade' shall be construed accordingly. [Electricity Act, 2003 (36 of 2003), s. 2(71)]
The business of buying and selling, esp. of commodities and securities, Black's Law Dictionary, 7th Edn.
Means purchase of electricity for resale thereof and the expression 'trade' shall be construed accordingly. [Electricity Act, 2003 (36 of 2003), s. 2(71)]
The business of buying and selling, esp. of commodities and securities, Black's Law Dictionary, 7th Edn.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.