Government undertaking definition

Government undertaking means any industrial undertaking carried on—
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Government undertaking means a body corporate constituted by or under a Central or State Acl which is under the administrative control of the State Government or in which the State Government has exclusive proprietary interest;
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Government undertaking means any Industrial undertaking carried on by a department of Government or by a corporation established by a Central provincial or state act, which is owned or controlled by the Government or by a govt. company as defined in Section 617 of the company Act, 1956.
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Examples of Government undertaking in a sentence

  • Payment of BID SECURITY will be waived at the discretion of the DISCOM in the case of fully owned Government undertaking of the Central or State Government.

  • WHEREAStheBUYERproposestoprocure(NameoftheStores/Equipment/Item)andthe BIDDER/Seller is willingtooffer/hasofferedthestoresand WHEREAS the BIDDER is a private company / publiccompany / Government undertaking / partnership / registered export agency, constituted inaccordance withthe relevant law inthe matterandthe BUYERisa PSU / Utility / DepartmentofStateGovt.

  • Failure to make such payment shall result in the Government undertaking collection action against the Participant.

  • Whereas the Bidder(s)/Contractor(s) is a private company/public company/ Government undertaking/ partnership/ registered export agency, constituted in accordance with the relevant law in the matter and the Principal/Owner is the municipal government of New Delhi established as per NDMC act 1994 performing its functions on behalf of the Council.

  • The bidder should not have been debarred/ blacklisted by any Organization/ Board/ Council/ University/ Commission and any other Government/ PSU / Government undertaking organization in the last five years.

  • Credential Credential The prospective bidders shall have the experience as a prime agency during the last 5 (five) years from the date of issue of this Notice at least one work of supply of similar nature material under authority of State / Central Government, State / Central Government undertaking / Statutory Bodies / Autonomous Bodies.

  • This process may, however, be delayed as a result of the U.K. Government undertaking an investigation into the structure of the rail industry.

  • FIRST PARTY is a Rajasthan State Government undertaking (State Industrial Development Corporation – SIDC) involved in development of Industrial Areas (Industrial and its supportive infrastructure) in the State, beside other activities as an SIDC.


More Definitions of Government undertaking

Government undertaking means a body corporate constituted by or under a State Act and owned or controlled or managed by the State Government, and includes any company, as defined in section 3 of the Companies Act, 1956, which is under the management of, or in which not less than fifty-one percent of the paid up share capital is held by, the State Government;
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Related to Government undertaking

  • Government agreement has the meaning given in the Government Agreements ▇▇▇ ▇▇▇▇ (WA);

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Government company means any company in which not less than fifty-one per cent. of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments, and includes a company which is a subsidiary company of such a Government company;

  • subsidiary undertaking means an undertaking controlled by a parent undertaking, including any subsidiary undertaking of an ultimate parent undertaking;