Capital - Law Dictionary Search Results
Home Dictionary Name: capital Page: 4fixed capital
fixed capital see capital ...
equity capital
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debt capital
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stated capital
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Capitation fee
Capitation fee. A fee for each person dealt with by the person who receives it; as where a schoolmaster, in addition to his salary, or instead of it, is paid one pound per annum for each boy in the school.'Capitation fee' means charging or collecting amount beyond what is permitted by law, Unni Krishnan J.P. v. State of Andhra Pradesh, AIR 1993 SC 2178 (2247): (1993) 1 SCC 645...
Capite, tenure in
Capite, tenure in, lands held by tenants immediately from the king. It was the most honourable tenure, and was of two kinds, either ul de honore, where the land was held of the king, as proprietor of some honour, castle, or manor, or ut de corona, where it was held in right of the Crown itself. When these tenants in capite granted portions of their lands to inferior persons, they were called mesne (middle) lords or barons, with regard to such inferior tenants, who were styled tenants paravail, the lowest tenants, because they were supposed to make 'avail' or profit of the lands. This tenure is abolished, so that tenures now created by the Crown are in common socage, 12 Car. 2, c. 24....
Capitation fee, Profiteering
Capitation fee, Profiteering', though private institution has right to fix its own fee structure there can be no profiteering and capitation fees cannot be charged. Islamic Academy of Education v. State of Karnataka, (2003) 6 SCC 697: AIR 2003 SC 3724. [Constitution of India Arts. 19(1)(g), 4(6), 26 and 30(1)]...
Reduction ex capite lecti
Reduction ex capite lecti. By the law of Scotland the heir in heritage was entitled to reduce all voluntary deeds granted to his prejudice by his predecessor within sixty days preceding the predecessor's death; provided the maker of the deed, at its date, was labouring under the disease of which he died, and did not subsequently go to kirk or market unsupported, Bell's Scots Law Dict. But such reductions have now been abolished by the Reduction ex capite lecti, Abolition Act, 1871 (34 & 35Vict. c. 81)....
Borrowed capital
Borrowed capital, means funds that lent to a corporation or other entity to finance its operations, such as cash dividends that are declared by a corporation but temporarily retained with stock-holder approval, to provide operating funds, Black Law Dictionary, 7th Edn., p. 179....
Eligible issue of capital
Eligible issue of capital, means an issue made by a public company formed and registered in India or a public financial institution and the entire proceeds of the issue are utilised wholly and exclusively for the purpose of any business referred to in sub-section (4) of section 80-IA. [Income-tax Act, 1961 (43 of 1961), s. 80C(2)(xix) Expl. (i)]...
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