law: Industries (Development and Regulation) Act, 1951 
  3. Definitions 
  In this Act, unless the context otherwise requires,- 
  (a) "Advisory Council" means the Central Advisory
  
  Council established under section 5;
  (aa) ‘ancillary industrial undertaking’ means an industrial
  
  undertaking which in accordance with the proviso to sub-section (1) of section
  
  11B and the requirements specified under that sub-section, is entitled to be
  
  regarded as an ancillary industrial undertaking for the purposes of this Act;
  (ab) ‘current assets’ means bank balances and cash and includes
  
  such other assets or reserves as are expected to be realized in cash or sold or
  
  consumed within a period of not more than twelve months in the ordinary course
  
  of business, such as stock-in-trade, amounts due from sundry debtors for sale
  
  of goods and for services rendered, advance tax payments and bills receivable,
  
  but does not include sums credited to a provident fund, a pension fund, a
  
  gratuity fund or any other fund for the welfare of the employees, maintained by
  
  a company owning an industrial undertaking;
  (ac) "current liabilities" means liabilities which
  
  must be met on demand or within a period of twelve months from the date they
  
  are incurred; and includes any current liability which is suspended under
  
  section 18FB;
  (b) "Development Council" means a Development Council
  
  established under section 6;
  (bb) "existing industrial undertaking" means- 
  (a) in the case of an industrial undertaking
  
  pertaining to any of the industries specified in the Schedule I as originally
  
  enacted, an industrial undertaking which was in existence on the commencement
  
  of this Act or for the establishment of which effective steps had been taken
  
  before such commencement, and
  (b) in the case of an industrial undertaking
  
  pertaining to any of the industries added to Schedule I by an amendment
  
  thereof, an industrial undertaking which is in existence on the coming into
  
  force of such amendment or for the establishment of which effective steps had
  
  been taken before the coming into force of such amendment;
  (c) ‘factory’ means any premises, including
  
  the precincts thereof, in any part of which a manufacturing process is being
  
  carried on or is ordinarily so carried a on- 
  (i) with the aid of power, provided that fifty
  
  or more workers are working or were working thereon on any day of the preceding
  
  twelve months; or
  (ii) without the aid of power, provided that
  
  one hundred or more workers are working or were working thereon on any day of
  
  the preceding twelve months and provided further that in no part of such
  
  premises any manufacturing process is being carried on with the aid of power;
  (cc) "High Court" means the High Court having
  
  jurisdiction in relation to the place at which the registered office of a
  
  company is situate;
  (d) "industrial undertaking" means any undertaking
  
  pertaining to a scheduled industry carried on in one or more factories by any
  
  person or authority including government;
  (dd) "new article" in relation to an industrial
  
  undertaking which is registered or in respect of which a license or permission
  
  has been issued under this Act, means- 
  (a) any article which falls under an item in
  
  Schedule I other than the item under which articles ordinarily manufactured or
  
  produced in the industrial undertaking at the date of registration or issue of
  
  the license or permission as the case may be, fall;
  (b) any article which bears a mark as defined
  
  in the Trade Marks Act, 19402, or which is the subject of a patent,
  
  if at the date of registration, or issue of the license or permission, as the
  
  case may be, the industrial undertaking was not manufacturing or producing such
  
  article bearing that mark or which is the subject of the patent;
  (e) "notified order" means an order notified in the
  
  Official Gazette;
  (f) "owner" in relation to an industrial undertaking,
  
  means the person who, or the authority which, has the ultimate control over the
  
  affairs of the undertaking, and, where the said affairs are entrusted to a
  
  manager, managing director or managing agent, such manager, managing director
  
  or managing agent shall be deemed to be the owner of the undertaking;
  (g) "prescribed" means prescribed by rules made under
  
  this Act;
  (h) "Schedule" means a Schedule to this Act;
  (i) "scheduled industry" means any of the industries
  
  specified in the Schedule I;
  (j) "small scale industrial undertaking" means an
  
  industrial undertaking which, in accordance with the requirements specified
  
  under sub-section (1) of section 11B, is entitled to be regarded as a small
  
  scale industrial undertaking for the purposes of this Act;
  (k) words and expressions used herein but not defined in this
  
  Act and defined in the Companies Act, 1956 (1 of 1956), have the meanings
  
  respectively assigned to them in that Act.
  Comment:  The manufacturing process of appellant's
  
  business establishment is being carried out by only 22 workers. Consequently,
  
  the appellant's business undertaking cannot be treated as a factory nor an
  
  'industrial undertaking' as defined under Section 3(d), of the Act. Ramnarayan
  
  Satyanarayan Agrawal Distilleries Pvt. Ltd. v. Associated Alcohols and
  
  Breweries Limited, AIR 1995 SUPREME COURT 1686