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Banking

(10 of 1949), s. 5 (b)] The expression 'banking' in Entry 45, List I means all forms of business which since the introduction of western methods of banking in India, banking institutions have been carrying on in

do

infinitive without to to form present and past tenses in legal and parliamentary language [ hereby bequeath] do business : to be engaged in business activities (as soliciting sales) ;specif : to engage in activities sufficient to

Circulating capital

Circulating capital, means capital employed in the trading operations of the business and the dealings with it comprise trading receipts and trading disbursements, while 'fixed capital' means capital not so

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partnership

partnership : an association of two or more persons or entities that conduct a business for profit as co-owners see also Uniform Partnership Act in the Important Laws section compare corporation, joint venture,

Service

any description which is made available to potential users and includes the provision of services in connection with business of any industrial or commercial matters such as banking, communication, education, financing, insurance, chit funds, real estate, transport,

Office

(423). [Hyderabad District Municipalities Act, (18 of 1956), s. 27(1)(c)] The word 'office' refers to the place where business is transacted, Champalal v. State of Madhya Pradesh, AIR 1971 MP 88 (91). [M.P. Panchayats Act, (7 of

Operation

Operation, it is not every business activity of a manufacturer that comes within the expression 'operation' to which the provisions of s. 42(3) are

Pawnbroker

fixed by law since 1800, by 39 & 40 Geo. 3, c. 48, which Act placed their whole business under various other restrictions. By the (English) Pawn-brokers Act, 1872 (which applies to Scotland, but not to Ireland),

Presetment of Bill of Exchange, Cheque, or Pro-missory Note

for by the bill, or if it be drawn payable elsewhere than at the residence or place of business of the drawee, but in no other case (s. 39). When a bill payable after sight is negotiated,

Prospectus

omitted from a prospectus which is issued more than two years after the company is entitled to commence business. As to prospectuses by companies incorporated outside Great Britain, see s. 354. S. 356 prohibits house-to-house hawking of

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