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Trust corporation

not less than 2,50,000l., of which at least 1,00,000l. has been paid up in cash, or any company undertaking trust business for his Majesty's Navy, Army, Air Force or Civil Service having as director or member any

Under the authority of any department of the Central Govt

Act would in ordinary parlance mean that the department is directly responsible for the management of the industrial undertaking, Rashtriya Mill Mazdoor Sangh v. Model Mills, AIR 1984 SC 1813 (1819): (1984) Supp SCC 443: (1985) 1

Usual Covenants

of the sum in question by the appellant, if defendant, the plaintiff giving security for repayment and an undertaking by his solicitor to abide any order for refunding if the appeal is successful'costs of the application to

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Water and watercourse

of water within London and certain adjoining districts. The Act effected a transfer to the Board of the Undertakings and liabilities of each of the Metropolitan water companies, at a price to be agreed on between the

Winding-up

in liquidation, by the Central Government, M.S.T. Corporation v. Official Liquidator, AIR 1978 SC 476 (479). [Sick Textile Undertakings (Taking over of Management) Act, (72 of 1972), s. 8] The process of settling accounts and liquidating assets

Wires, Overhead

the power of the Post Office to place telegraph lines across private property or property belonging to public undertakings, etc., see the (English) Telegraph Acts (41 & 42 Vict. c. 76; 26 & 27 Vict. c. 112;

Day of acceptance

which such objection is removed by the supplier [Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993 (32 of 1993), s. 2(b) Expl. (i)]

Reserve

utilised by the assessee during a period of ten years for the purposes of the business of the undertaking. The nature of the two reserves are different. They are intended to serve two different purposes, Indian Overseas

Reconstruction company

(54 of 2002), s. 2(1)(v)] Reconstruction of a company, upon a voluntary winding-up the company may sell its undertaking for property of (including profits in) the purchas-ing company; see Companies Act, 1929, s. 234.

Non-feasance

Drainage and Nvigation Commissioners, (1921) 2 KB 213. Non-feasance not amounting to gross negligence in gratuitous bailments or undertakings is not actionable, but mis-feasance in such cases imposes a liability; and see NEGLIGENCE. Non-feasance would apply to

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