Companiable - Law Dictionary Search Results
Insurance
Bos & PNR 269; a mere hope of profit is not insurable (ibid.). see also the (English) Assurance Companies (Gambling Policies) Act, 1909, as to marine policies. The interest of the insured must exist (a) marine insurance,
Railway
railway) is constructed and managed (1) under a local and personal Act of Parliament; and (2) under the Companies Clauses, Lands Clauses, and Railways Clauses Consolidation Acts; and (3) under the general Acts relating to railways. The
Amalgamation
Amalgamation, in amalgamation two or more companies are fused into one by merger or by taking over by another. Reconstruction or 'amalgamation' has no precise
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Association, Articles of
Association, Articles of, (see Companies Act, 1929, ss. 6, 11 and 380). This is the formal contract of the members of a company
Joint-stock Banks
Joint-stock Banks, joint-stock companies for the purpose of banking. They are regulated, according to the date of their incorporation, by charter, or
Audit
findings on fact as well as law, R. v. Roberts, 1907, s KB 878. The accounts of public companies in corporated by special Act of Parliament are audited under ss. 101-108 of the (English) Companies Clauses Consolidation
Limited liability
shares held, have also long been found (though not universally) in the charters of incorporated banks and insurance companies. Companies Acts.--Under the Companies Acts, limited liability means that the members are not liable beyond the unpaid-up part
Liquidator
Liquidator. A person appointed to conduct the winding-up of a company under the (English) Companies Act, 1929. Liquidators are of three kinds:-- (1) Appointed by the court in a winding-up by the Court.
Power of Court to order meeting to be called
of the company duly called, held and conducted. It corresponds with slight variation to s. 79(3) of the Companies Act, 1913 and s. 135 of the English Companies Act, 1948; R. Rangachari v. S. Suppiah, AIR 1976
Prospectus
AIR 1925 Cal 714: (1925) ILR 51 Cal 440. Prospectus, is defined by s. 380 of the (English) Companies Act, 1929, as any prospectus, notice, circular, advertisement, or other invitation offering to the public for subscription or
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