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 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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Examples of Government undertaking in a sentence

  • WHEREAS the BIDDER is a private company / public company / Government undertaking / partnership firm constituted in accordance with the relevant law in the matter and the corporation is a PSU performing its functions on behalf of the Ministry of Consumer Affairs, Food and Public Distribution, New Delhi, Govt.

  • WHEREAS the BIDDER 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 is a department of IDBI Bank Ltd, performing its functions on behalf of IDBI Bank Ltd.

  • Licensor will support Licensee, as reasonably requested by Licensee and at Licensee’s cost (other than minor consultation, clerical assistance and other assistance resulting in immaterial expenses, which shall be the responsibility of Licensor), in obtaining Regulatory Approvals in the Territory, including providing necessary documents or other materials required by Laws to obtain Regulatory Approval in the Territory, all in accordance with the terms and conditions of this Agreement.

  • Work credential as per schedule to any Government Department, Zilla Parishad, Government undertaking / Statutory Bodies constituted under the statute of the Government during within last three financial years including current financial years should also be submitted.

  • Credential of similar nature of work (i.e. Civil Works) under State/Central Government, State/Central Government undertaking, Statutory Bodies constituted under the statute of Central/State Government of value not less than (a) 40% for three similar completed works or, (b) 50% for Two similar completed works or, (c) 80% for one similar completed work completed on or after 31st May, 2012.

  • The implementing agency of the scheme may be any Department of the Central Government or a State Government, a Zila Parishad, Panchayat/ Gram Panchayat or any local authority or Government undertaking or non-governmental organization authorized by the Central Government or the State Government.

  • WHEREAS the BIDDER is a private company/public company / Government undertaking / partnership the SELLER is a Nationalized Bank and a Government Undertaking as such.

  • Upon approval of funds by the ECF Committee, recipient organisations will sign an agreement with the Government undertaking to observe the conditions of using the allocated grant and the approved budget.

  • WHEREAS the BUYER proposes to execute (Name of the work) and the BIDDER / SELLER is willing to offer / has offered the services and WHEREAS the BIDDER is a private company / public company / Government undertaking/ partnership/ proprietorship/ joint venture constituted in accordance with the relevant law in the matter and the BUYER is a Ministry/ Department of the Govt.

  • No credential will be considered as valid unless it is supported by work order, price schedule or BOQ of workand Payment certificatementioning the date of completion issued by the competent authority not below the rank of Executive Engineer or equivalent or competentauthority of a State/Central Government, State/Central Government undertaking, Statutory/ Autonomous bodied constituted under the Central/ State statute.


More Definitions of Government undertaking

Government undertaking means a company registered under the Indian Companies Act, 1956 in which the State Government hold not less than eighty per cent of paid up shares ;
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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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Related to Government undertaking

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

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

  • Government Instrumentality means any department, division or sub- division of the Government or the State Government and includes any commission, board, authority, agency or municipal and other local authority or statutory body including panchayat under the control of the Government or the State Government, as the case may be, and having jurisdiction over all or any part of the Project Highway or the performance of all or any of the services or obligations of the Contractor under or pursuant to this Agreement;

  • Local government unit means a municipality, county, or other

  • Government means the Government of Kenya;

  • Government Security means any security issued or guaranteed as to principal or interest by the United States, or by a person controlled or supervised by and acting as an instrumentality of the Government of the United States pursuant to authority granted by the Congress of the United States; or any certificate of deposit for any of the foregoing.