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Amalgamation

Reconstruction or 'amalgamation' has no precise legal meaning. The amalgamation is a blending of two or more existing undertakings into one undertaking, the share-holders of each blending company become substantially the shareholders in the company which is

Retrenchment

service of a work-man by an act of the employer. The underlying assumption, of course, is that the undertaking is running as an undertaking and the employer continues, as an employer but where either on account of

Insurance

are equal to the insured and the insurer. The first actually pays a certain sum, and the latter undertakes to pay a larger, if an accident should happen. The one renders his property secure; the other receives

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Contractor

Contractor, means a person who undertakes to produce a given result for any establishment, other than a mere supply of goods or articles of

Derived from

Income-tax Act, 1961 must be understood as something which has direct or immediate nexus with the appellant's industrial undertaking. Although electricity may be required for the purposes of the industrial undertaking, the deposit required for its supply

Owner

rack-rent' (see that title), and Kensington Corporation v. Allen, (1926) 1 KB 576. In relation to an industrial undertaking, means the person who, or the authority which, has the ultimate control over the affairs of the undertaking,

Landlord and tenant

their respective provisions. Houses are usually let at an 'inclusive' or 'exclusive' rent. 'Inclusive' means that the landlord undertakes to pay the rates and do the repairs or part of them. 'Exclusive,' that the burden of these

Electric lighting

1926 created the Central Electricity Board, a non-profit corporation charged with supplying either directly or indirectly to authorized undertakers, but they are not empowered to operate generating stations, but see ss. 5 and 6. The (English) Act

Financial non-viability

the Bill and the Memorandum explaining the provisions thereof make it clear that the financial non-viability of an undertaking has been equated with the 'sickness' of such undertak-ing and obviously in the context of its revival by

Mining lease

purpose of undertaking mining operations'. Under clause (d) of s. 3, the expression 'mining operations' means 'any operations undertaken for the purpose of winning any mineral'. Quarrying minerals is, in view of the way the word 'quarry'

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