law: The Small Industries Development Bank of India Act, 1989 
  2. Definitions 
  In this, Act, unless the context otherwise
  
  requires,--
  a.     
  
    "Board"
  
  means the Board Directors of the Small Industries Development Bank of India
  
  referred to in section 5;
  b.    
  
    [“chairman
  
  and managing director” means the Chairman and Managing Director referred to in
  
  clause (a) of sub-section (1) of section 6;]
  c.     
  
    "Court"
  
  means the High Court within the local limits of whose jurisdiction,-
               
  
   i.        
  
    The
  
  defendant or respondent or, where there is more than one defendant or
  
  respondent, any one of them-
  1.     
  
    Has
  
  his registered office, or
  2.     
  
    Carries
  
  on the whole or part of his business, at the time of commencement of any legal
  
  proceedings against him under this Act, or
              
  
   i.        
  
  
              
  
   ii.        
  
    The
  
  cause of action for such legal proceedings, wholly or in part, arises;
  a.    
  
  
  b.    
  
  
  c.    
  
  
  d.    
  
    "Development
  
  Bank" means the Industrial Development Bank of India established under
  
  section 3 of the Industrial Development Bank of India Act, 1946 (18 of 1964);
  e.     
  
    "
  
  Director" means a Director nominated under sub-section (1) of section 6
  
  and includes the 1[chairman and managing director and whole-time director;]
  f.     
  
    "Export"
  
  means export from India or products or services of any industrial concern in
  
  small-scale sector;
  g.    
  
    "Import"
  
  means import into India of services or goods including all materials,
  
  commodities and articles in a solid, liquid or gaseous state and all forms or
  
  energy for the use of any industrial concern in the small-scale sector;
  h.     
  
    "Industrial
  
  concern in the small-scale sector" means an industrial concern as defined
  
  in clause (c) of section 2 of the Industrial Development Bank of India Act,
  
  1964 (18 of 1964), and which is regarded as a small-scale undertaking under
  
  section 11B of the Industries (Development and Regulation) Act, 1951 (65 of
  
  1951);
  i.      
  
    "Managing
  
  Director" means the Managing Director appointed under sub-section (1) of
  
  section 7;
  j.      
  
    "National
  
  Small Industries Corporation" means the National Small Industries
  
  Corporation Limited registered under the Companies Act, 1956 (1 of 1956);
  k.     
  
    "Notification"
  
  means a notification published in the Official Gazette;
  l.      
  
    "Prescribed"
  
  means prescribed by regulations made under this Act;
  m.   
  
    "Small
  
  Industries Bank" means the Small Industries Development Bank of India
  
  established under sub-section (1) of section 3;
  n.     
  
    "State
  
  Small Industries Corporation" means a State Corporation, registered under
  
  the Companies Act, 1956 (1 of 1956), for small industries in a State;
  o.    
  
    "State
  
  Financial Corporation" means a financial corporation established under
  
  section 3 or section 3A or an institution notified under section 46 of the
  
  State Financial Corporations Act, 1951 (63 of 1951);
  p.    
  
    "State
  
  Industrial Development Corporation" means a State Corporation registered
  
  under the Companies Act, 1956 (1 of 1956), for the development of industries in
  
  a State;
  q.    
  
    Words
  
  and expressions used herein and not defined but defined in the Industrial
  
  Development Bank of India Act, 1964 (18 of 1964), shall have the meanings
  
  respectively assigned to them in that Act.