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Unless the articles of the company otherwise provide

in favour of any other person will not apply if the articles of the company 'otherwise provide', Needle Industries (India) Ltd. v. Needle Industries Newey (India) Holdings Ltd., AIR 1981 SC 1298: (1981) 3 SCC 333: (1983)

Vessel

enough to include boats of every description, both mechanically propelled and those propelled exclusively by oars, Panduranga Timblo Industries v. Union of India, (1992) 2 SCC 635 (641). [General Clauses Act, 1897, s. 3(63)] Vessel shall include

Oppression

minority share-holders in an 'oppressive' manner, that is to say, in a manner 'burdensome, harsh and wrongful', Needle Industries (India) Ltd. v. Needle Industries Newey (India) Holdings Ltd., AIR 1981 SC 1298: (1981) 3 SCC 333: (1981)

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Just and equitable

it unjust or inequitable, to insist on legal rights, or to exercise them in a particular way, Needle Industries (India) Ltd. v. Needle Industries Newey (India) Holdings Ltd., AIR 1981 SC 1298: (1981) 3 SCC 333: (1981)

Dow Jones Index

as a weighted average of the prices of specific stocks in certain categories Three indices are maintained the Industrials the Transportations and the Utilities When used without qualification the term usually refers to the Dow Jones Industrial

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

Actual user

Actual user, 'Actual User (Industrial)' means an industrial undertaking which is entitled to utilise the imported goods 'in the manufacture process or operations conducted within its

Amalgamation

in which the term is used may show that it is intended to include such an acquisition, Saraswati Industrial Syndicate Ltd. v. C.I.T., 1990 Supp SCC 675 (679). Amalgamation, in an amalgamation two or more companies are

Audit

applied to shop clubs by the (English) Shop Clubs Act, 1902 (2 Edw. 7, c. 21); those of industrial societies are audited under the (English) Industrial Societies Act, 1893, s. 13; the accounts of incorporated building societies

Co-operative association

Co-operative association, means (a) registered society as defined in the Industrial and Provident Societies Act, 1965, s. 74 or a society registered under the Industrial and Provident Societies Acts,

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