Foreign Enterprise - Law Dictionary Search Results
Home Dictionary Name: foreign enterprise Page 1 of about 5 results ( seconds)Foreign enterprise
Foreign enterprise, a 'foreign enterprise' is an enterprise situate in a foreign country having been created or registered in accordance with the law of such country, Petron Engineering Construction P. Ltd. v. Central Board of Direct Taxes, AIR 1989 SC 501: (1989) Supp 2 SCC 7: (1988) Supp 3 SCR 1058. [Income Tax Act, 1961, s. 80-O]...
Concession
Concession, the common dictionary meaning of the word 'concession' is 'the act of yielding or conceding as to a demand or argument, something conceded; usually implying a demand, claim, or request, 'a thing yielded', 'a grant', Indian Aluminium Co. Ltd. v. Thane Municipal Corpn., 1992 Supp (1) SCC 480: AIR 1992 SC 53 (57). [Maharashtra Municipalities (Octroi) Rules (1968), R. 4(2)]1. The voluntary yielding to a demand for the sake of a settlement 2. International Law. A contract in which a country transfers some rights to a foreign enterprise, which then engages in an activity (such as mining) contingent on State approval and subject to the terms of the contract, Black's Law Dictionary, 7th Edn.Is a thing that is conceded, a gesture made in recognition of demand or prevailing standard, a reduction in price for certain category of person, Arun Kumar v. Union of India, 2006 (12) JT 121 [As per Concise Oxford English Dictionary]...
treaty trader or investor
treaty trader or investor As a nonimmigrant class of admission, an alien coming to the United States, under the provisions of a treaty of commerce and navigation between the United States and the foreign state of such alien, to carry on substantial trade or to direct the operations of an enterprise in which he/she has invested a substantial amount of capital, and the alien's spouse and unmarried minor children. Source: U.S. Citizenship and Immigration Services ...
Reasonable restriction
Reasonable restriction, the expression 'reasonable restriction' signifies that the limitation imposed on a person in enjoyment of the right should not be arbitrary or of an excessive nature, beyond what is required in the interests of the public. The test of reasonableness, wherever prescribed, should be applied to each individual statute impugned, and no abstract standard, or general pattern of reasonableness can be laid down as applicable in all cases. The restriction which arbitrarily or excessively invades the right cannot be said to contain the quality of reasonableness and unless it strikes a proper balance between the freedom guaranteed in art. 19(1)(g) and the social control permitted by cl. (6) of art. 19, it must be held to be wanting in that quality, Bishamber Dayal Chandra Mohan v. State of Uttar Pradesh, AIR 1982 SC 33 (35): (1982) 1 SCC 39: (1982) 1 SCR 1137.The expression 'reasonable restrictions' signifies that the limitation imposed on a person in enjoyment of that rig...
corporation
corporation [Late Latin corporatio, from Latin corporare to form into a body, from corpor- corpus body] : an invisible, intangible, artificial creation of the law existing as a voluntary chartered association of individuals that has most of the rights and duties of natural persons but with perpetual existence and limited liability see also pierce compare association, partnership, sole proprietorship close corporation [klōs-] : a corporation whose shares are held by a small number of individuals (as management) and not publicly traded ;specif : small business corporation in this entry called also closely held corporation compare public corporation in this entry foreign corporation : a corporation organized under the laws of a state or government other than that in which it is doing business government corporation : public corporation in this entry moneyed corporation : a corporation (as a bank) authorized to engage in the investment, exchange, or lending of moneyed capit...
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