Amendment status not verified — confirm the current text below against the official source.
Definitions:- In this Act, unless the context otherwise requires, - (1) ‘Accounts’ means as defined under Indian Accounting Standards or Indian Generally Accepted Accounting Principles issued from time to time; (2) ‘Act’ means the Andhra Pradesh Medical Education and Research Corporation (APMERC) Act, 2021. (3) “Board’ means the Board of Directors of the Corporation; (4) ‘Chairperson’ means Chairperson of the Andhra Pradesh Medical Education and Research Corporation and appointed vide Government Order / Gazette notification to be issued from 5 time to time; (5) ‘Corporation’ means the Andhra Pradesh Medical Education And Research Corporation (“APMERC” or “Corporation”) constituted under section 3 (1) of this Act; (6) ‘Government’ means the Government of Andhra Pradesh; (7) ‘Member’ means Shareholder as defined in the Companies Act, 2013; (8) ‘Prescribed’ means prescribed by rules, regulations and/or standing orders made under this Act; (9) ‘Rules’ means rules made under this Act; (10) “Schedule” means a Schedule appended to this Act; (11) “State’ means the State of Andhra Pradesh; (12) Vice-Chairperson & Managing Director’ means Vice- Chairperson & Managing Director of the Andhra Pradesh Medical Education and Research Corporation and appointed vide Government Order / Gazette notification to be issued from time to time. CHAPTER II STATUTORY STATUS, CONDUCT OF BUSINESS AND EMPLOYEES OF THE CORPORATION