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Broken Wind - Law Dictionary Search Results

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Winding-up

Winding-up, the process by which an insolvent estate is distributed, as far as it will go, amongst the persons having claims upon it. The term is most frequently applied to the winding-up of joint-stock companies.The property of a company is collected and distributed firstly in discharge of its liabilities, and secondly, among its members according to their respective rights with a view to its dissolution. If the assets are not sufficient to meet the liabilities, a company is usually wound up by the Court. In other cases the winding-up is usually voluntary and conducted by the company itself either with or without the supervision of the Court. The provisions of the (English) Companies Act, 1929, govern a winding-up in any of these three modes (s. 156). In any winding-up the members who may be called upon to contribute are ascertained and their liability determined under ss. 157-162; see CONTRIBUTORIES. Debts and claims of all kinds require to be proved and if not of certain value to be...


Broken wind

The heaves...


Broken winded

Having short breath or disordered respiration as a horse...


Heaves

A disease of horses characterized by difficult breathing with heaving of the flank wheezing flatulency and a peculiar cough broken wind...


Voluntary winding up and winding up by the court

Voluntary winding up and winding up by the court, the expressions 'voluntary winding up' and 'winding up by the Court' have acquired a technical meaning in our Company and Insurance jurisprudence. Like the Co-operative Society Laws, the Companies Act and the Insurance Act also make a distinction between the cessation of business by a company and its voluntary winding up or winding up by an order of the Court. There is nothing unequivocal in s. 15(a) of the Act to show that Parliament intended to depart from the technical meaning of 'voluntary winding up' and 'winding up by the Court' and to bid a good-bye to the distinction in our Company and Insurance jurisprudence between mere cessation of business by a company and its voluntary winding up or winding up by an order of the Court. The phrase 'voluntarily wound up' in the first limb would mean the voluntary winding up of an insurance public company in accordance with s. 54 of the Insurance Act, The Neptune Assurance Co. Ltd.v. Union of ...


Brokenly

In a broken interrupted manner in a broken state in broken language...


Broken rice

Broken rice, it includes 'broken rice as part of rice'. But, to hold that this meant that 'broken rice' must include whole rice is to accept that part includes the whole. If the whole includes a part, it necessarily means that the part cannot possibly be equated with the whole. The natural, and, indeed, the only reasonably open logic would be: if the whole includes a part, nothing which is merely a part of the whole could be equated with the whole, State of Andhra Pradesh v. Bathu Prakasa Rao, (1976) 3 SCC 301 (307): AIR 1976 SC 1845: 1976 Supp SCR 608....


wind up

wind up wound up wind·ing up : to bring to an end by taking care of unfinished business [ordered to wind up his practice] ;specif : to conclude by removing liabilities and distributing any remaining assets to partners or shareholders [wind up the business and affairs of a corporation in dissolution] [wind up a receivership] ...


Broken

Separated into parts or pieces by violence divided into fragments as a broken chain or rope a broken dish...


Broken backed

Having a broken back as a broken backed chair...


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