TMI BlogAct not to apply in certain casesX X X X Extracts X X X X X X X X Extracts X X X X ..... the Companies Act, 1956 (1 of 1956); 5 [(g) any co-operative society;] 6 [(h) any social club;] 7 [(i) any political party. Explanation . For the purposes of clause (i), "political party" shall have the meaning assigned to it in the Explanation to section 13A of the Income-tax Act;] 8 [(j) a Mutual Fund spe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ished with the object of financing, whether by way of making loans or advances to, or subscribing to the capital of, private industrial enterprises in India, in any case where the Central Government has made or agreed to make to the company a special advance for the purpose or has guaranteed or agreed to guarantee the payment of moneys borrowed by the company from any institution outside India; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... had been in force on and from the date of its establishment. Explanation . For the purposes of clause ( d ), "industrial undertaking" means an undertaking engaged in the manufacture, production or processing of goods or articles or in mining or in the generation or distribution of electricity or any other form of power; ( e ) any company solely engaged in the business of transporting go ..... X X X X Extracts X X X X X X X X Extracts X X X X
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