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Probator

Probator, an examiner; an accuser or approver, or one who undertakes to prove a crime charged upon another. See 4 Steph. Com.

Promise

inequity; see Re Whitaker, (1889) 42 Ch D 119; Tweddle v. Atkinson, (1861) 1 B&S 393. Means an undertaking by one man with another for the performance or non-performance of some particular thing, A Verbal Covenant, Shratya

Prospecting licence

Prospecting licence, means a licence granted for the purpose of undertaking prospecting operations. [Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957), s. 3 (h)]

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Public property

(v) any company as defined in s. 617 of the Companies Act, 1956; or any institution, concern or undertaking which the Central Government may, by notification in the Official Gazette, specify in this behalf. [Prevention of Damage

Public service

is carried on by government with a distinct profit motive. By reason of the fact that a commercial undertaking is owned and run by the State it does not ipso facto become a 'public service', Satya Narain

Rate

The term 'rate' is also used to mean a charge by a water, gas, railway, or other public undertaking for services rendered e.g., (English) Railways Act, 1921, s. 20; Metropolitan Water Board Charges Act, 1921 (11 &

Day of deemed acceptance

delivery of goods or the rendering of services. [Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993 (32 of 1993), s. 2(b) Expl. (ii)]

Promisor

One who engages or undertakes a promiser

Current assets

fund or any other fund for the welfare of the employees, maintained by a company owning an industrial undertaking. [Industries (Develop-ment and Regulation) Act, 1951 (65 of 1951), s. 3 (ab)]

Impracticable

practicable incapable of being performed or accomplished by the means employed or at command impossible as an impracticable undertaking

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