Directors - Law Dictionary Search Results
Wages
nature of ex gratia 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:
Reason to believe
officer. The belief must be held in good faith; it cannot merely be a pretence, Partap Singh v. Director of Enforcement, AIR 1985 SC 989: (1985) 3 SCC 72. Means that reasons should exist but the court
Payable
the price given in the invoice can therefore not have the attribute of having become 'payable' by him, Director, Enforcement Directorate, Ministry of Finance v. K.O. Krishnaswamy, AIR 1979 SC 1969 (1971): (1980) 1 SCC 280: (1980)
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Principal officer
Principal officer, in relation to a company, means the secretary, manager, director or managing director of such company. [The West Bengal Value Added Tax Act, 2003, s. 2(31)]
Full amount payable by the foreign buyer in resect of the goods
or inflated price which the exporter may choose to falsely incorporate in the invoice with any ulterior motives. Director, Enforce-ment Directorate v. Krishnaswamy, AIR 1979 SC 1969 (1971). [Foreign Exchange Regulation Act, 1947, s. 12(2)]
Founder of the institution
the institution, or at least one of the persons responsible for the coming into existence of the institution. Director of Income Tax v. Bharat Diamond Bourse, (2003) 1 SCC 741 (757). [Income-tax Act, 1961, s. 13(3) (a)]
Escheat
would vest in the State or, during the British Days, in the Crown (king), Sheo Nand v. Dy. Director of Consolidation, AIR 2000 SC 1141 (1144): (2000) 3 SCC 103. Literally means 'to revert to the State',
Accident
the mishap or an untoward happening not expected and designed to have an occurrence is an accident, Regional Director, E.S.I. Corporation v. Francis De Costa (1993) Supp 4 SCC 100 (104): 1994 SCC (L&S) 195. Means an
Directorship
The condition or office of a director directorate
Mentioned
Mentioned, mean, only described or 'set forth' and no more, Board of Directors v. Hrusikesh Senapati, (2001) 6 SCC 228.
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