Business - Law Dictionary Search Results
Master and servant
the assistance of others, where his own skill and labour are not sufficient to carry out his own business or purpose. See LABOURERS. Servants are of several descriptions:- 1st Servants in husbandry. These are very generally hired
Manufacture
dispensing of any drug, or the packing of any drug or, cosmetic, in the ordinary course of retail business; and 'to manufacture shall be construed accordingly. [Drugs and Cosmetics Act, 1940 (23 of 1940), s. 3 (f)]
Manage
Manage, In the context of business, 'manage' means 'to control, to guide, to administer, to conduct or direct affairs; carry on 'business', R. Dalmia
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Knacker
Act, 1911 (1 & 2 Geo. 5, c. 27), s. 15(e), as meaning 'a person whose trade or business it is to kill any cattle not killed for the purpose of the flesh being used as butcher's
Justices
in which number some particular justices, or one of them, are directed to be always included, and no business done without their presence, the words of the commission running thus:-Quorum aliquem vestrum, A., B., C., D., etc.,
Investment company
Investment company, an 'investment company' was defined in s. 109(i) of the Act as meaning a com-pany whose business consisted wholly or mainly in the dealing in or holding of investments. The statutory percentage in the case
Insurer
word 'insurer' in s. 2D of the Insurance Act, 1938 means a person who was carrying on the business of insurance but has closed it, Vanguard Fire and General Insurance Co. Ltd. v. Fraser and Ross AIR
Hotel
1955), s. 2 (aa)] A hotel in common parlance means a place where a proprietor makes it his business to furnish food or lodging or both to travellers or other persons. A building cannot be run as
Current account transaction
the generality of the foregoing such transaction includes-- (i) payments due in connection with foreign trade, other current business, services, and short-term banking and credit facilities in the ordinary course of business, (ii) payments due as interest
Financial Institution
of the Companies Act, 1956; (ii) such other institution as the Central Government may, having regard to its business activity and the area of its operation in India by notification, specify. [Recovery of Debts Due to Banks
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