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Industrialism - Law Dictionary Search Results

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Current assets

gratuity fund or any other fund for the welfare of the employees, maintained by a company owning an industrial undertaking. [Industries (Develop-ment and Regulation) Act, 1951 (65 of 1951), s. 3 (ab)]

Damage

Means the specific damages, viz. the amount of damages sought to be claimed through the amendment, Hi Sheet Industrial v. Litelon Limited (FB), AIR 2007 Mad 78. As defined by McGregor are the pecuniary compensation, obtainable by

Development 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,

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Employed

Employed, The word 'employed' in the definition of Motor Transport worker is not used in the sense of using the services of a person but rather in the sense of keeping a person in one's service,...

Collecting society

ten miles from the registered office or principal place of business of the Society; see Collecting Societies and Industrial Assurance Act, 1923 (13 & 14 Geo. 5, c. 8), and (English) Industrial Assurance and Friendly Societies Act,

Express provision

applicability arises directly from the language used and not by inference therefrom, Needle (Industries) India Ltd. v. Needle Industries, AIR 1981 SC 1298 (1358).

Invention

of the grounds on which a patent can be revoked, M/s. Bishwanath Prasad Radhey Shyam v. Hindustan Metal Industries, AIR 1982 SC 1444: (1979) 2 SCC 511. Means a new produan inven-tive step and capable of industrial

Nominatim

a parliamentary or municipal election. A to the power of a member of a friendly society or an industrial or a provident society to dispose by 'nomination' of sums payable on his death, see Friendly Societies Act,

Money Bill

Money, means current coin; metal stamped in pieces as a medium of exchange and measure of value. Hence, anything serving the same purpose as coin, late ME. In mod. use applied indifferently to coin and to...

Fair price

industry a reasonable return on the capital employed in the business of manufacturing sugar, Anakapalle Co-op. Agrl. And Industrial Society Ltd. v. Union of India, AIR 1973 SC 734 (736): (1973) 3 SCC 435: (1973) 2 SCR

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