Safe harbour rules define key terms for specified domestic transactions by adopting external statutory meanings. For the purposes of the safe harbour rules applicable to specified domestic transactions, "Appropriate Commission" takes the meaning assigned under the ... Summary
Safe harbour rules define key terms for specified domestic transactions by adopting external statutory meanings.
For the purposes of the safe harbour rules applicable to specified domestic transactions, "Appropriate Commission" takes the meaning assigned under the Electricity Act, 2003, and "Government company" takes the meaning assigned under the Companies Act, 2013. These definitions apply for the operation of the rule and the connected safe harbour provisions in the subsequent rules.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.