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Business Trust - Law Dictionary Search Results

Negligence

servant with others, acting in the execution of his master's business. See MASTER AND SERVANT. A manufacturer is liable for negligence … cause some loss or injury to him, Consumer Unity & Trust Society v. Bank of Baroda, (1995) 2 SCC 150 (153).

interest

security interest in the inventory and accounts receivable of the business] called also Article Nine security interest see also attach, perfect, … use and benefit of property [a beneficial interest in the trust] contingent interest : a future interest whose vesting is dependent

Entrustment

to them to a purchaser in the ordinary course of business' (Black's Law Dictionary), see also National Insurance Co. Ltd. v. … in the property in respect of which criminal breach of trust is alleged to have been committed, must be in some

Enlargement or abridgement of time

delay in filing special leave petition are excepted from the business of a Chamber Judge. The natural presumption is that but … abridge-ment of time, C.I.T., Bombay City v. R.H. Pandit, Managing Trustees of Trust, Bombay (1974) 2 SCC 627: AIR 1974 SC

Directors

amount of any debt); s. 275 (carrying on the company's business to defraud creditors or for any fradulent purpose); s. 93 … Bulawayo Market Co., (1907) 2 Ch 458]. Directors are not trustees, but paid confidential agents, with very extensive powers, selected to

Chattels or catals

excludes chattels used at the death of the intestate for business purposes, and money or securities for money. Chattels Real are … Act, 1925, an entailed interest maybe created by way of trust in any property real r personal, subject to statutory requirements.

Anticipation

of discussion. Rules of Procedure and Conduct of (Rajya Sabha) Business in the Council of States, 5th Edn., 2000, Rule 343. … married woman, notwithstanding that she is so restrained. And see Trustee Act, 1925, s. 62, and Bankruptcy Act, 1914, s. 52.

gross income

including fringe benefits and commissions; (2) gross income derived from business; (3) gains derived from dealings in property; (4) interest; (5) … and (15) income from an interest in an estate or trust.

bank

bank organized chiefly to handle the everyday financial transactions of businesses (as through deposit accounts and commercial loans) cooperative bank : … also federal land bank in this entry 2 : a trust that holds land for purposes of preservation or conservation national

Undue influence

instructor, medical advisers, ministers or professors of religion, managers of business [Coomber v. Coomber, (1911) 1 Ch 174], attendants upon or … Act, 1925, s. 61] The improper use of power or trust in a way that deprives a person of free will

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