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Surplus, surplusage

the Insurance Act which is made applicable for purposes of valuation by s. 43 of the Life Insurance Corporation Act read with Notification No. GSR 734, dated 23-8-1958. Life Insurance Corporation of India v. S.V. Oak, AIR

Tender offer

Tender offer, means a public offer to buy a minimum number of shares directly from a corporation's shareholders at a fixed price, usually at a substantial premium over the market price, in an effort to

Terminus, terminal and terminal tax

of a given run. It would thus appear that a terminal tax could be levied only by the Corporation or the State which is the final destination of the goods sent from any other area, Man Mohan

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Theatrical performance

merely dramatic performance. It includes operatic or other representations or performances, AIR 1966 MP 198. [Madhya Pradesh Municipal Corporation Act (23 of 1956), s. 132 (2)(n)] Theatrical performance, includes operatic or other representation or performances. It must

Settled land

number of trustees to whom the money is paid must not be less than two, or a trust corporation, but this does not apply to a personal representative selling in course of administration or to persons of

Underwrite

Order in this case specifically used the expression 'underwriting and revivals' of policies in case of Life Insurance Corporation and stated that it was the Divisional Manager who was competent to underwrite policy for Rs 50,000 and

Vacant land

not being used mainly for the purposes of agriculture in an urban agglomeration, Parshottamdas Ramdas Patel v. Municipal Corporation Ahmedabad, (1981) 22 Guj LR 137 (DB). Vacant land, is land which is not being used mainly for

Vegetables

and charged for the carriage of green ginger at the reduced rate applicable to vegetables and even the Corporation of Calcutta included green ginger in the category of vegetables in the market bulletin published by it, State

Wages

payment payable one month after end of the each quarter-Not includible in wages, Regional Director, Employees' State Insurance Corporation v. Bata Shoe Co. (P) Ltd., AIR 1986 SC 237: (1985) 4 SCC 460: (1985) Supp 3 SCR

Winding-up

namely, to control the proceedings of a textile company which is in liquidation, by the Central Government, M.S.T. Corporation v. Official Liquidator, AIR 1978 SC 476 (479). [Sick Textile Undertakings (Taking over of Management) Act, (72 of

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