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Interim Insurance Regulatory Authority

Regulatory Authority, 'Interim Insurance Regulatory Authority' means the insur-ance regulatory authority set up by the Central Government through Resolution No. 17(2)/94-Ins.- V, dated the 23rd January, 1996. [Insurance Regula-tory and Development Authority Act, 1999 (44 of 1999),

Interest

Chatham & Dover Rail Co. v. South Eastern Rail Co., 1893 AC 429. Judgments and, under the (English) Arbitration Act, 1934 (24 & 25 Geo. 5, c. 14), s. 11, sums due under arbitrators' awards carry interest

Inspector

a company, see (English) Companies Act, 1929, s. 135; and inspectors appointed by the company itself by special resolution (s. 137, ibid.). Inspector means an Inspector of Mines appointed under this Act, and includes a district magistrate

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Inquiries

Inquiries. Under the Tribunals of Inquiry (Evidence) Act, 1921 (11 Geo. 5, c. 7), upon resolution by both Houses of Parliament, His Majesty or a Secretary of State may appoint a tribunal with all

Indian Standards Institution

Indian Standards Institution, means the Indian Standards Institution set up under the Resolution of the Government of India in the late Department of Industries and Supplies No. 1 Std. (4)/45, dated

Foreign awards

Foreign awards. The (English) Arbitration (Foreign Awards) Act, 1930 (20 Geo. 5, c. 15), provides for the enforcement of foreign arbitral awards subject

Finance Acts

taxation. These proposals are passed into law by the Finance Act but are enforced as soon as a resolution of the Committee of Ways and Means agrees to them in order to prevent forestalling and anticipation in

Existing Securities and Exchange Board

Existing Securities and Exchange Board, means the Securities and Exchange Board of India constituted under the Resolution of the Government of India in the Department of Economic Affairs No. 1(44)SE/86, dated the 12th day of

Exceptional grant

India, Art. 166. In U.K. such grants are presented either as estimates or dealt with on a financial resolution. A grant to provide for rewards to individuals for distingui-shed public service, a special grant for presentation of

Error apparent on the face of the record

Error apparent on the face of the record, in the case of a reasoned award, the Court can interfere if the award is based upon a proposition of law which is unsound in law. The erroneous...

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