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Core Activity - Law Dictionary Search Results

Home Dictionary Name: core activity

Core activity

Core activity, means activity carried on by an Indian entity which constitutes at least 50% of its average turnover in the previous accounting year. [Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2000, s. 2 (d)]...


non-core

non-core : of, relating to, or being a non-core proceeding ...


core proceeding

core proceeding see proceeding ...


non-core proceeding

non-core proceeding see proceeding ...


Core loss

Energy wasted by hysteresis or eddy currents in the core of an armature transformer etc...


abnormally dangerous activity

abnormally dangerous activity : an activity esp. that is not common in or appropriate to an area, that creates a high degree of risk of harm to someone or something despite the exercise of due care, and whose value to the community in the area is outweighed by the risk of harm compare ultrahazardous activity NOTE: Abnormally dangerous activities are subject to strict liability. Abnormally dangerous activity and ultrahazardous activity are sometimes used interchangeably. ...


Unlawful activity, unlawful association

Unlawful activity, unlawful association, clauses (f) and (g) of s. 2 contain definition of 'unlawful activity' and 'unlawful association' respectively. An 'unlawful activity', defined in clause (f), means 'any action taken' of the kind specified therein and having the consequence mentioned. In other words, 'any action taken' by such individual or association constituting an 'unlawful activity' must have the potential specified in the definition, Jamaat-E-Islami v. Union of India, (1995) 2 SCC 428 (441). [Unlawful Activities (Prevention) Act, 1967, s. 3(1)]...


Economic activity

Economic activity, means in order to determine whether an activity is an economic activity for the purpose of the common system of VAT, 'the activity is considered per se and without regard to its purpose or result, Commission v. Netherlands, (1987) ECR 1471....


Professional activity

Professional activity, means an activity carried on by an individual by his personal skill, and intelligence, and unless the profession carried on by a person also partakes of the character of commercial nature, the professional activity cannot be said to be an activity of a commercial character, Devendra M Surti v. State of Gujarat, 1969 (2) Lab LJ 176: 1969 Guj LR 100: 1969 Mad LJ 391: AIR 1969 SC 63: 1969 (1) SCJ 252: 1969 Bom LR 93....


Unlawful activity

Unlawful activity, in relation to an individual or association, means any action taken by such individual or association (whether by committing an act or by words, either spoken or written, or by signs or by visible representation or otherwise),-(i) which is intended, or supports any claim, to bring about, on any ground whatsoever, the cession of a part of the territory of India or the secession of a part of the territory of India from the Union, or which incites any individual or group of indivi-duals to bring about such cession or secession;(ii) which disclaims, questions, disrupts or is intended to disrupt the sovereignty and territorial integrity of India. [Unlawful Activities (Prevention) Act, 1967 (37 of 1967), s. 2(f)]Unlawful activity [see Unlawful Activities (Prevention) Act, 1967 (37 of 1967), s. 2(o)]...


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