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TMI BlogDefinitionX X X X Extracts X X X X X X X X Extracts X X X X ..... s commission established under sec. 3; (c) forward contract, means a contract for the delivery of goods 1 [* * **] and which is not a ready delivery contract: (d) goods means every kind of movable property other than actionable claims, money and securities; (e) Government security means a Government security as defined in the Public Debt Act, 1944 (XVIII OF 1944); (f) non-transferable specific del ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... conditions as the central Government may, by notification in the official Gazette, specify in respect of any goods, the period under such contract not being capable of extension by the mutual consent of the parties thereto or otherwise; 2 [Provided that where any such contract is performed either wholly or in part:- (1) by tendering of the documents of title to the goods covered by the contract by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... perative bank as defined in the Reserve Bank of India Act, 1934 (2 of 1934), the State Bank of India and any of its subsidiaries and any corresponding new bank constituted under Sec. 3 of the Banking Companies (Acquisition and Transfer of Undetakings) Act, 1970 (5 of 1970); (ii) commission agent means a person who, in the ordinary course of business, makes contract for the sale or purchase of good ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... corporated association, its memorandum and articles of association; (l) securities includes shares, scripts, stocks, bonds, debentures, debenture-stocks, or other marketable securities of a like nature in or of any incorporated company or other body corporate and also government securities: (m) specific delivery contract means a forward contract which provides for the actual delivery of specific q ..... X X X X Extracts X X X X X X X X Extracts X X X X
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