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by the Reserve Bank for the purpose of obtaining credit information from a credit information company. [Credit Information Companies (Regulation) Act, 2005 (30 of 2005), s. 2(l)]

Suit

other stretching process, BSI Ltd. v. Gift Holdings Pvt. Ltd., AIR 2000 SC 926. [See also Sick Industrial Companies (Special Provisions) Act (1 of 1986), s. 22(1)] Suit, is a generic term of comprehensive significa-tion, and applies

Superfluous lands

Superfluous lands, lands acquired by a public company under the (English) Lands Clauses Consolidation Act, 1845 (8 & 9 Vict. c. 18), but not required for the purposes of the undertaking of the company. Such lands...

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Through traffic

The latter expression means traffic which does not run over any other railways than railways of the two companies and by 'through traffic' is meant traffic which is exchanged by one of the companies by an agreement

Underwriter

exceeding the rate authorized by the Articles of Association. This commission must not be confused with brokerage which companies are allowed to pay for placing their shares. [see (English) Companies Act, 1929, ss. 35 and 355, 4th

User

State Government or the Central Govern-ment, or (iii) a company, including a Government Company, as defined in the Companies Act, 1956, or (iv) an industry, major, medium or minor, owning or using, on personal or community basis,

Water and watercourse

of them consolidate in one Act provisions usually contained in special Acts authorizing the construction of waterworks by companies for the supply of water to the public at a limited profit to the shareholders by means of

Zero coupon bond

Zero coupon bond. means a bond: (a) issued by any infrastructure capital company or infrastructure capital fund or public sector company on or after the 1st day of June, 2005; (b) in respect of which no...

In charge of

In charge of, A person 'in charge of' and responsi-ble to the company for the conduct of the business of the company contemplated in s. 34(i) must be a person in overall control of the day...

subsidiary

subsidiary pl: -ar·ies : a company having the majority of its stock owned by another company compare affiliate NOTE: The parent company of a subsidiary generally has the same policy-making powers as any majority owner and...

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