Banking Constitution - Law Dictionary Search Results
Debt
respect of any obligation to repay capital sums by way of annuities and any liability under any guarantee, Constitution of India, Art. 366(8). A sum of money due by certain and express agree-ment or contract, A. Dictionary … 365) according to the rules which may be in force for the time being under the law of bankruptcy with respect to the assets of persons adjudged bankrupt, A.E. Act, 1925, s. 34(1), Part I. of the
Fund
word 'fund' may, mean actual cash resources of a particular kind (e.g., money in a drawer or a bank), or it may be a mere accountancy expression used to describe a particular category which a persons uses … Administration, AIR 1962 SC 1821 (1834). Means the Building and Other Construction Workers' Welfare Fund of a Board constituted under sub-s. (1) of s. 24, See also Building and Other Construction Workers' Welfare Cess Act, 1996 (28
Judgment
Southern Roadways (P) Ltd. v. P. Mathurai Veeraswami, AIR 1964 Mad 194 (196) (FB). Article 226 of the Constitution is an independent proceeding in which the question of the right of the Income-tax Officer to proceed with … amendment, a judgment in terms of clause 15 of the Letters Patent, Prasant Chandra Sen v. United Commercial Bank, AIR 1982 Cal 555. An end to the suit or proceeding, the adjudication is indisputably a 'judgment' within
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Representation
Swift v. Jewsbury, (1874) LR 9 QB 301--where the manager was held personally liable; Hirst v. West Riding Banking Co., (1901) 2 KB 560. See DECEIT; CONDITION; WARRANTY and CONTRACT OF SALE OF LAND. The detenu's representation
Company
ss. 357 and 358, requires registration of every company, association or partnership of more than ten persons for banking and of more than twenty persons for carrying on any other business having for its object the acquisition … emergence of this new concept of the corporation. The socio-economic objectives set out in Part IV of the Constitution have since guided and shaped this new corporate philosophy. A company, according to the new socio-economic thinking, is
Privilege
does not extend to indictable offences, to actual contempts of the courts of justice, or to proceedings in bank-ruptcy. Members of Parliament are exempt from serving the office of sheriff, from obeying subp'nas, and serving on juries. … Parliament which may be necessary for the vindication or protection of itself in the exercise of its own constitutional functions. In the daily proceedings of Parliament questions of privilege take precedence of all other business. The privileges
Consent
the effect of fraud or misrepresentation is to render a transaction voidable only and not void, Central National Bank Ltd. v. United Industrial Bank Ltd., AIR 1954 SC 181: (1954) SCR 391. The term 'consent' is a … a submission but the converse does not follow, and mere act of submission does not involve consent. For constituting consent, there must be exercise of intelligence based on the knowledge of the significance and the moral effect
Application
s. 2 (b)] Means an application made to a Tribunal under s. 19. [Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), s. 2 (b)] Means an application made under s. 19. … by the terms and conditions for such conversion of the user. Letter merely making an enquiry does not constitute an application, Union of India v. Dev Raj Gupta, (1991) 1 SCC 63 (71): AIR 1991 SC 93.
Law
it does not take away or abridge any of the fundamental rights enumerated in Part III of the Constitution, Kavalappara Kochuni v. State of Madras and Kerala, AIR 1960 SC 1080: (1960) 3 SCR 887. It is … of a statute can be held to be law or to have the force of law, Co-operative Central Bank Ltd. v. Additional Industrial Tribunal, AIR 1970 SC 245: (1969) 2 SCC 43. An executive order cannot be
trust
test shall ever be required as a qualification to any office or public under the United States "U.S. Constitution art. VI"] c : the condition, obligation, or right of one to whom something is confided : responsible … to the trust as a source of support for a divorced spouse with a remainder to someone else bank account trust : totten trust in this entry business trust : a trust that is created for the
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