Managing Agent - Law Dictionary Search Results
Salary or wages
s. 2(21) of the Act is wide enough to cover the payment of retaining allowance to the work-men, Managing Director, Chalthan Vibhag Sahakari Khand Udyog v. Government Labour Officer, AIR 1981 SC 905: (1981) 2 SCC 147: … sale price to them in the manner prescribed by them. The society does not cease to be an agent of the transaction is not a sale by the members to the society, Khedut Sahakari Ginning & Pressing
Legal practitioner
Legal practitioner, means an advocate [or vakil] or any High Court, a pleader, mukhtar or revenue agent. [Advocates Act, 1961 (25 of 1961), s. 2 (i)] It means an advocate entered in any roll under … to it in clause (i) of sub-section (1) of section 2 of the Advocates Act, 1961. [Foreign Exchange Management Act, 1999 (42 of 1999), s. 2 (r)]
partnership
as individuals and are personally liable for torts and contractual obligations. Each partner is viewed as the other's agent and, traditionally, is jointly and severally liable for the tortious acts of any one of the partners. commercial … obligations and the partners are not liable personally lim·it·ed partnership : a partnership in which the business is managed by one or more general partners and is provided with capital by limited partners who do not participate
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