Read and help !

Final 1000 views 13 replies
please read this definition and tell me that enterprise includes private firms or not ?????????????????????????
 
“enterprise” means a person or a department of the Government,
who or which is, or has been, engaged in any activity, relating to the produc
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tion, storage, supply, distribution, acquisition or control of articles or goods,
or the provision of services, of any kind, or in investment, or in the business
of acquiring, holding, underwriting or dealing with shares, debentures or
other securities of any other body corporate, either directly or through one
or more of its units or divisions or subsidiaries, whether such unit or
division or subsidiary is located at the same place where the enterprise is
located or at a different place or at different places, but does not include any
activity of the Government relatable to the sovereign functions of the Gov
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ernment including all activities carried on by the departments of the Central

Government dealing with atomic energy, currency, defence and space

Replies (13)
yes it will include ...
bcs person includes individuals firms aop boi company judicial person etc.
"Person or department"......of the government. This is how it should be read and hence it will not include any person or department which is not of the government. Had it been "a person" AND "department of govt." Private firms would have been included.......this is my view. But this is from which act .....that would have also helped in interpretation.
Agreed with Saroj,............
its from cometition act.. thanx to allu
Defination includes company also
No,because definition says a person or a department of government but not of any others
No,because definition says a person or a department of government but not of any others.
No,because definition says a person or a department of government but not of any others.
Will nt include pvt co. !!
Refer page 19.9 of ICAI module Or refer 26.2 of Munish Bhandari Secion 2(l) Person include Inter alia FIRM
No it does nt include private firms
please listen !! the sections of anti dominant measures by comepetition commission mentions only enterprise in its text . this means what ? it doesnt have control over private ?


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