Development Bank - Law Dictionary Search Results
Home Dictionary Name: development bankDevelopment bank
Development bank, 'development bank' means the Industrial Development Bank of India established under the Industrial Development Bank of India Act, 1964 (18 of 1964). [Export-Import, Bank of India, Act, 1981 (28 of 1981), s. 2(b)]...
National Bank
National Bank. means the National Bank for Agriculture and Rural Development established under s. 3. [National Bank for Agriculture and Rural Development Bank Act, 1981 (61 of 1981), s. 2 (e); see also Act (2 of 1934), s. 2(ccc)]A private or quasi public corporation, organised under the general law, by individual stockholders, with their own capital, by private gain and managed by officers, agents and employees of their own selection; a quasi-public institution under a sort of State Control....
Public sector bank
Public sector bank, means the State Bank of India constituted under the State Bank of India Act, 1955, a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959, a corres-ponding new bank constituted under s. 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 or under s. 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act 1980. [Small Industries Development Bank of India Act, 1989, s. 2 (la)]. See also State Financial Corporation Act, 1951....
Nationalised bank
Nationalised bank, means a corresponding new bank specified in the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 or a corresponding new bank specified in the First Schedule to the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1980. [Industrial Development Bank of India Act, 1964, s. 2 (da)] [S. 224A(2) expln. (b) Companies Act]...
bank
bank : an organization for the custody, loan, or exchange of money, for the extension of credit, and for facilitating the transmission of funds branch bank : a banking facility that is a separate but dependent part of a chartered bank ;esp : a facility that performs some banking functions and is separate from a main office bridge bank : a national bank that is chartered for a limited time to operate an insolvent bank until it is sold central bank : a national bank that establishes monetary and fiscal policy and controls the money supply and interest rate collecting bank : a bank other than the payor bank that is handling for collection a negotiable instrument or a promise or order to pay money commercial bank : a bank organized chiefly to handle the everyday financial transactions of businesses (as through deposit accounts and commercial loans) cooperative bank : an association (as a credit union) owned by and offering banking services for its members ;specif : savings and ...
Industrial concern in small-scale sector
Industrial concern in small-scale sector, 'industrial concern in small-scale sector' means an industrial concern as defined in clause (c) of s. 2 of Industrial Development Bank of India Act, 1964 (18 of 1964), and which is regarded as a small-scale undertaking under s. 11B of the Industries (Development and Regulation) Act, 1951 (65 of 1951). [Small Industries Development Bank of India Act, 1989 (39 of 1989), s. 2(h)]...
Import
Import, in relation to any technology, means the bringing into India of, such technology from a place outside India. [Research and Development Cess Act, 1986, s. 2 (d)]Means bringing into any place within the territories to which this Act extends from a place outside those territories. [Insecticides Act, 1968 (46 of 1968), s. 3 (d)]Means bringing into India. [Aircraft Act, 1934 (22 of 1934), s. 2 (3)]Means to bring into India from a place outside India by land, sea or air. [Explosives Act, 1884 (4 of 1884), s. 4 (f)]With its grammatical variations and cognate expressions, means bringing into India from a place outside India. [Customs Act, 1962 (52 of 1962), s. 2 (23)]Means bringing into India from out of India, Gramophone Company of India Ltd. v. Birendra Bahadur Pandey, AIR 1984 SC 667: (1984) 2 SCR 664: (1984) 2 SCC 534. (Copyright Act, 1957, ss. 51, 53)In a sense, import may be said to be complete for certain purposes say, sales tax purposes on their clearance after assessment of du...
Dispute
Dispute, The meaning of the word 'dispute' is, 'a controversy having both positive and negative aspects. It postulates the assertion of a claim by one party and its denial by the other', Canara Bank v. National Thermal Power Corporation, (2001) 1 SCC 43.The term 'dispute' means a controversy having both positive and negative aspects. It postulates the assertion of a claim by one party and its denial by the other, Gujarat State Corporation Land Development Bank v. P.R. Mondkad, (1979) 3 SCC 123: AIR 1979 SC 1203 (1207).There should be dispute and there can only be a dispute when a claim is asserted by one party and denied by the other on whatever grounds. Mere failure or inaction to pay does not lead to the inference of the existence of dispute. Dispute entails a positive element and assertion in denying, not merely inaction to accede to a claim or a request, Inder Singh Pekhi v. D.D.A., AIR 1988 SC 1007 (1009): (1988) 2 SCC 338.Once such a claim is made prior to invocation of arbitrati...
world bank
world bank An international financial institution whose purposes include assisting the development of its member nations' territories, promoting and supplementing private foreign investment, and promoting long-range balanced growth in international trade. Source: FindLaw ...
Industrial Finance Corporation
Industrial Finance Corporation, means the Indus-trial Finance Corporation of India Limited formed and registered under the Companies Act, 1956. [Industrial Development Bank of India Act, 1964, s. 2(d)]Means the Industrial Finance Corporation of India established under the Industrial Finance Corpora-tion Act, 1948. [Reserve Bank of India Act, 1934 (2 of 1934), s. 2 (c)]...
- << Prev.
- Next >>
Sign-up to get more results
Unlock complete result pages and premium legal research features.
Start Free Trial