Family business definition

Family business means a business enterprise with respect to which the aggregate interests of the family are substantial in relation to the total outstanding interests in the business enterprise.

Family business. , in relation to a child, means a business, trade or occupation carried on by a parent or other relative of the child.

Family business means an enterprise owned or controlled by the members of a family;

Examples of Family business in a sentence

• Similar principle shall be followed in case of any Trust and Hindu Undivided Family business.

• Where the contractor is an individual or a Hindu Undivided Family business concern, such approval, as aforesaid, shall like-wise be obtained before the contractor enters into any partnership agreement where under the partnership firm would have the right to carry out the works hereby undertaken by the contractor.

• Where the Contractor is an individual or a Hindu Undivided Family business, such written approval from the Agreement authority shall likewise be obtained before Contractor enters into any partnership agreement in which the partnership would have the right to carry out the work previously to be undertaken by the Contractor.

• Family business interests - maintenance of entity - formation of successor entity.

• Where the Contractor is an individual or a Hindu Undivided Family business concern such approval as aforesaid shall likewise be obtained before the Contractor enters into any partnership agreement where under the partnership firm would have the right to carry out the work hereby undertaken by the Contractor.

More Definitions of Family business

Family business means a business owned in whole or in part by a parent or grandparent of the applicant.

Family business means a business owned in whole or in part by a parent or grandparent of the applicant and has been in business under the same owners for at least one year.

Family business means a business owned in whole or in part by a parent or grandparent of the applicant. [1999 c.755 §2; 2007 c.100 §30]

Family business means any business which—

Family business means a corporation in which the member of or candidate for the general assembly and his spouse own at least eighty percent (80%) of the voting stock, regardless of whether all or a portion is owned jointly or severally.

Family business means business of any description which in the High Court is for the time being assigned to the Family Division and to no other Division by or under section 61 of (and Schedule 1 to) the [Senior Courts Act 1981]; “family proceedings” means proceedings which are family business”.

Family business means “business of any description which in the High Court is for the time being assigned to the Family Division and to no other Division by or under section 61 of (and Schedule 1 to) the Senior Courts Act 1981”.