What type of legal entity is Biecco Lawrie Limited if it manufactures medium-voltage switchgears as a commercial activity on behalf of the Government of India?
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Biecco Lawrie Biecco Lawrie Limited (BLL) is a Public Sector Undertaking under the Ministry of Petroleum and Natural Gas (PSU) of the Government of India and was established in 1919 as British India Electric Construction Company Limited. BLL manufactures medium-voltage switchgears and have separate turnkey project and Electrical Repair division and is headquartered in Kolkata, West Bengal.
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State-owned enterprise A state-owned enterprise (SOE) is a legal entity that undertakes commercial activities on behalf of the state, its owner. The legal status of SOEs varies from being a part of the government to being stock companies with the state as a regular stockholder. The defining characteristics of SOEs are that they have a distinct legal form and are established to operate in commercial affairs and commercial activities. While they may also have public policy objectives (e.g., a state railway company may aim to make transportation more accessible), SOEs should be differentiated from other forms of government agencies or state entities established to pursue purely nonfinancial objectives.
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Prestolite Electric Prestolite Electric Incorporated is a global manufacturer and supplier of alternators, starters, electrical equipment, and services to the transportation, industrial, military, marine, agricultural and construction industries. The company sells its products to United States defense agencies, OEMs, and aftermarket suppliers under the Indiel, Leece-Neville, and Prestolite Electric brand names. The company operates production and engineering facilities in China, Europe and the United States. Prestolite Electric is privately owned by Broad Ocean Motor And Ophoenix Capital Management.
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Indian Economic Service The Indian Economic Service (Hindi: भारतीय आर्थिक सेवा ) (abbreviated as IES) is the administrative inter-ministerial civil service under Group A of the Central Civil Services of the executive branch of the Government of India.
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Tamil Nadu Industrial Development Corporation Tamil Nadu Industrial Development Corporation (TIDCO) is a governmental agency in the state of Tamil Nadu, India. It is responsible for the development of industries in the state by formulating policies that help industry growth, and by establishing industrial estates. It often partners with TANSIDCO (Small Industries Development Corporation). TIDCO has established the Tidel Park in Chennai and Tidel Park in Coimbatore for information technology companies, and Ticel Park in southern Chennai (near to Tidel Park) for chemical companies.
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Legislation Legislation (or "statutory law") is law which has been promulgated (or "enacted") by a legislature or other governing body or the process of making it. Before an item of legislation becomes law it may be known as a bill, and may be broadly referred to as "legislation", while it remains under consideration to distinguish it from other business. Legislation can have many purposes: to regulate, to authorize, to outlaw, to provide (funds), to sanction, to grant, to declare or to restrict. It may be contrasted with a non-legislative act which is adopted by an executive or administrative body under the authority of a legislative act or for implementing a legislative act.
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Tamil Nadu Industrial Explosives Limited Tamil Nadu Industrial Explosives Limited (TEL) (Tamil: தமிழ் நாடு தொழில் வெடி மருந்து நிறுவனம் ) is a state-government undertaking of Government of Tamil Nadu located in the Indian state of Tamil Nadu. It is Industrial Explosives manufacturer.
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Certification marks in India India has a comprehensive system of product certifications governed by laws made by the Parliament of India at various times. These certifications are managed by various agencies, and hold various statuses before the law. Some of these marks are mandatory for such products to be manufactured or to be placed in the Indian market while some of the marks hold only an advisory status. All the industrial standardization and industrial product certifications are governed by the Bureau of Indian Standards, the national standards organization of India, while standards for other areas (like agricultural products) are developed and managed by other governmental agencies.
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Electricity Act 1989 The Electricity Act 1989 provided for the privatisation of the electricity supply industry in Great Britain, replacing the Central Electricity Generating Board in England and Wales and in Scotland by the South of Scotland Electricity Board and the North of Scotland Hydro-Electric Board. The Act also established a licensing regime and a regulator for the industry called the Office of Electricity Regulation (OFFER), which has since become the Office of Gas and Electricity Markets (OFGEM).
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Judiciary of India The Indian Judiciary administers a "common law system" of legal jurisdiction, in which customs, precedents and legislation, all codify the law of the land. It has in fact, inherited the legacy of the legal system established by the then colonial powers and the princely states since the mid-19th century, and has partly retained characteristics of practices from the ancient and medieval times.
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Dakshin Gujarat Vij Company Dakshin Gujarat Vij Company Ltd. is an electricity company that was incorporated on 15 September 2003 by Gujarat Electricity Board (GEB). The Company obtained the Certificate of the Commencement of Business on 15 October 2003. The company was one of several created as a part of efforts towards restructuring of the power sector in the state of Gujarat in India.
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Law firm A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought.
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Trust company A trust company is a corporation, especially a commercial bank, organized to perform the fiduciary of trusts and agencies. It is normally owned by one of three types of structures: an independent partnership, a bank, or a law firm, each of which specializes in being a trustee of various kinds of trusts and in managing estates. Trust companies are not required to exercise all of the powers that they are granted. Further, the fact that a trust company in one jurisdiction does not perform all of the trust company duties in another jurisdiction is irrelevant and does not have any bearing on whether either company is truly a "trust company". Therefore, it is safe to say that the term "trust company" must not be narrowly construed.
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Indian labour law Indian labour law refers to laws regulating labour in India. Traditionally, Indian governments at federal and state level have sought to ensure a high degree of protection for workers, but in practice, legislative rights only cover a minority of workers. India is a federal form of government and because labour is a subject in the concurrent list of the Indian Constitution, labour matters are in the jurisdiction of both central and state governments; both central and state governments have enacted laws on labour relations and employment issues.
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Competition regulator A competition regulator is a government agency, typically a statutory authority, sometimes called an economic regulator, which regulates and enforces competition laws, and may sometimes also enforce consumer protection laws. In addition to such agencies there is often another body responsible for formulating competition policy.
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Indian Patent Office The Indian Patent Office is administered by the Office of the Controller General of Patents, Designs & Trade Marks (CGPDTM). This is a subordinate office of the Government of India and administers the Indian law of Patents, Designs and Trade Marks.
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Association of Biotechnology Led Enterprises ABLE- Association of Biotechnology Led Enterprises is a consortium of Indian biotechnology companies. ABLE acts as an interface between the industry, the government, academic and research bodies, and domestic and international investors. It also provides marketplace to companies working in the biotechnology domain to advertise product and services. It also enables users to conduct surveys.
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North Eastern Electric Supply Company The North Eastern Electric Supply Company (commonly abbreviated to NESCo) was responsible for the supply of electricity to a large amount of North East England, prior to the nationalisation of the British electricity industry with the Electricity Act 1947. The company was established as the Newcastle upon Tyne Electric Supply Company (also abbreviated to NESCo) in 1889, but was renamed the North Eastern Electricity Supply company as it expanded to supply the North East region.
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Bharat Broadband Network Bharat Broadband Network Limited (BBNL), is a Telecom infrastructure provider, set up by the government of India for the establishment, management and operation of National Optical Fibre Network. It is under Telecom department.
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Iveco Iveco, an acronym for Industrial Vehicles Corporation, is an Italian industrial vehicle manufacturing company based in Turin, Italy, and entirely controlled by CNH Industrial Group. It designs and builds light, medium and heavy commercial vehicles, quarry/construction site vehicles, city and intercity buses and special vehicles for applications such as firefighting, off-road missions, the military and civil defence. The name Iveco first appeared in 1975 after a merger of Italian, French and German brands. Its production plants are in Europe, Brazil, Russia, Australia, Africa, Argentina and China, and it has approximately 5,000 points of sales and service in over 160 countries. The worldwide output of the company amounts to around 150,000 commercial vehicles with a turnover of about .
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Government Securities Act, 2006 The Government Securities Act, 2006 is a legislation of the Parliament of India, which aims to introduce various improvements in the government securities market and the management of government securities by the Reserve Bank of India (RBI).
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Banking Codes and Standards Board of India The Banking Codes and Standards Board of India (BCSBI) is an independent banking industry watchdog that protects consumers of banking services in India. The board oversee compliance with the "Code of Bank's Commitment to Customers". It is not a compensation mechanism and looks into an individual complaint only to the extent it points to any systemic compliance failure. It is an independent and autonomous body, registered as a separate society under the Societies Registration Act, 1860 on February 18, 2006. The Reserve Bank of India extended financial support to the Board, meeting its expenses for the first five years.