Foreign Company - Law Dictionary Search Results
Home Dictionary Name: foreign company Page: 2Export
Export, includes the taking or sending out of goods by land, sea or air, on consignment or by way of sale, lease, hire-purchase, or under any other arrangement by whatever name called, and in the case of software, also includes transmission through any electronic media. [The Foreign Exchange Management (Export of Goods and Services Regulations, 2000, s. 2 (iv)]Means--(i) taking goods, or providing services, out of India, from a Special Economic Zone, by land, sea or air or by any other mode, whether physical or otherwise; or(ii) supplying goods, or providing services, from the Domestic Tariff Area to a Unit or Developer; or(iii) supplying goods, or providing services, from one unit to another unit or Developer, in the same or different Special Economic Zones, Special Economic Zones Act, 2005, sec. 2(m).With the grammatical variations and cognate expression, means taking out of India of a place outside India, Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regula...
American Depository Receipt
American Depository Receipt, means a security issued by a bank or a depository in United States of America (USA) against underlying rupees shares of a company incorporated in India. [Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2000, R. 2 (c)]...
Financial commitment
Financial commitment, means the amount o direct investment by way of contribution to equity and loan and 50 per cent of the amount of guarantees issued by an Indian party to or on behalf of its overseas Joint Venture Company or Wholly Owned Subsidiary. [Foreign Exchange Management (Tran-sfer or Issue of Any Foreign Security) Regulations, 2000, Reg. 2 (f)]...
Global Depository Receipt
Global Depository Receipt, (GDR) means a security issued by a bank or a depository outside India against underlying rupee shares of a company incorporated in India. [Foreign Exchange Manage-ment (Transfer or Issue of Any Foreign Security) Regulations, 2000, Reg. 2 (i)]...
Indian entity
Indian entity, means a company or a body corporate or a firm in India. [Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, Reg. 2 (e)...
Qualified institutional buyer
Qualified institutional buyer, means a financial in-stitution, insurance company, bank, State financial corporation, State industrial development corpora-tion, trustee or any asset management company making investment on behalf of mutual fund or provident fund or gratuity fund or pension fund or a foreign institutional investor registered under the Securities and Exchange Board of India Act, 1992 or regulations made thereunder, or any other body corporate as may be specified by the Board. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, s. 2(1)(u)]...
Actionary
Actionary [fr. actionnaire], a foreign commercial term for the proprietor of an action or share of a public company's stock, a stockholder....
In the course of export
In the course of export, the concept of export in Art. 286 of the Constitution of India postulates just as the word import, the existence of two termini as those between which the goods are intended to move or between which they are intended to be transported, and not a mere movement of goods out of the country without any intention of their being landed in specie in some foreign port, State of Kerala v. Cochin Coal Company Ltd., AIR 1961 SC 408: (1961) 1 SCR 219.It is only the sale under which the export is made that is protected by Article 286(12)(b) of the Constitution of India, and that a purchase which precedes such a sale does not fall within its purview though it is made for the purse of, or with a view to export, East India Tobacco Co. v. State of A.P., AIR 1962 SC 1733 (1737): (1963) 1 SCR 404....
foreign
foreign : not being within the jurisdiction of a political unit (as a state) ;esp : being from or in a state other than the one in which a matter is being considered [a company doing business in South Carolina] [a executor submitting to the jurisdiction of this court] [a judgment] compare domestic ...
Person
Person, a Hindu Undivided Family is a person, Kshetra Mohan-Sannyasi Charan Sadhukhan v. Commissioner of Excess Profit Tax, West Bengal, AIR 1953 SC 516.According to company law it does not mean an unregistered firm, Firm Pannaji v. Devichand Kapurchand, 99 IC 640.Person, does not include court, Kharka Gigabhai Mavji v. Soni Jagjivan Kanji, (1979) 20 Guj LR 256.Person, implies only an individual and does not bear scrutiny when construed in the case of a company, a firm of partners or an association of persons, J.K. Industries Ltd. v. Chief Inspector of Factories and Boilers, (1997) SCC (205) 1.Person, in an Act of Parliament passed after 1st January, 1890, includes 'any body of persons corporate or unincorporate' unless the contrary intention appears, Interpretation Act, 1889, s. 19. A corporation, such as a limited company, may be a 'respectable and responsible person' within the meaning of a covenant against assignment in a lease, Willmott v. London Road Car Co., (1910) 2 Ch 525. A c...
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