Delegation means the issuing of a written authorisation by a delegating authority to a delegated body to act in his stead, and in relation to a duty, includes an instruction or request to perform or to assist in performing the duty, and ‘delegate’ and ‘sub-delegate’ has a corresponding meaning;
assignment shall have the same meanings of such terms in the 1940 Act.)
Revocation means the termination by action of the department of a person's driver's license,
Executor or “Administrator” shall mean a person who has obtained probate or letters of administration, as the case may be, from a court of competent jurisdiction and shall include the holder of a succession certificate authorizing the holder thereof to negotiate or transfer the Equity Share or Equity Shares of the deceased Shareholder and shall also include the holder of a certificate granted by the Administrator-General appointed under the Administrator Generals Act, 1963.
Permitted Assignment means a Permitted Subsidiary Assignment or a Permitted Third-Party Assignment.