Section 92A(2) governs the
operation of Section 92A(1) by controlling the definition of participation in
management or capital or control ... Section 92A(2) governs the operation of Section 92A(1)
by controlling the definition of participation in management or capital or control
companies under
common control". The true test of associated enterprise thus is
control by one enterprise over the other, or control ... such
a control is essentially an effective control in decision making
process.
11. In our considered view, therefore, the definition of
associated enterprises in section
companies under common control". The true test of associated enterprise
thus is control by one enterprise over the other, or control ... Section 92A(2) governs the
operation of Section 92A(1) by controlling the definition of participation in
management or capital or control
companies under common control". The true test of associated
enterprise thus is control by one enterprise over the other, or control ... such a control is essentially an effective control in decision making
process.
11. In our considered view, therefore, the definition of associated
enterprises in section
concept that does not include
"de facto control" as a criterion for association. "Control" in the absence of
company law based ... rationalized is as dominant influence in the
nature of de facto control. The definition of 'associated enterprise', as the above
academic analysis shows
concept that does not include "de
facto control" as a criterion for association. "Control" in the absence
of company law based ... rationalized is as dominant influence in the nature of de facto
control. The definition of 'associated enterprise', as the above
academic analysis shows
concept that does not include "de facto control" as a
criterion for association. "Control" in the absence of company law based ... rationalized is as
dominant influence in the nature of de facto control. The definition of
'associated enterprise', as the above academic analysis shows
participate in management, control or
capital of both the enterprises. However, the expression 'participation in
management or capital or control ... Section 92A(2) governs the
operation of Section 92A(1) by controlling the definition of participation in
management or capital or control
entrepreneurial profits. In other words, it is a democratic organisation owned and controlled by those utilising the services.
14. It was further submitted that against ... Section 2(g) of the Sugar Control Order, 1966 and has held that in view of the definition of "price" given in Clause
specific querry from the Bench as to whether the aspect of control of the affairs of the company was of any relevance, the reply ... since Clause (iii) of Section 2(18)(b)(i) dealing with the control of the affairs of the company had been deleted after the amendment