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Administrative business

Administrative business, the business of managing conducted in private by persons having complete discretion, as distinguished from judicial business, which is conducted in Court under specific rules

Active supervision

Active supervision, means under the test for determining whether a private entity may claim a state-action exemption from the anti-trust laws, the right of the State to review the

Account or Accompt

year a profit and loss account and balance sheet, to copies of which shareholders of all companies, except private companies, are entitled. See ss. 122 and 131 of the Act (and for contents) s. 124. The regulations

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Zirat, Kamat, sir

Zirat, Kamat, sir, the word 'sir' is synonymous with 'kamat' and 'zirat', and means private lands of the proprietor, Harihar Prasad Singh v. Deonarain Prasad, AIR 1956 SC 305.

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