Company V The - Law Dictionary Search Results
Company in which the public are substantially interested
Matched in: Term Company in which the public are substantially interested
Person
does not include a company because such a construction will be repugnant to the context, Modi Vanaspati Manufacturing Company v. Katihar Jute Mills (P) Ltd., AIR 1969 Cal 496. A firm an individual or group of individuals may
Company
Matched in: Term Company
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Debenture
The word 'debenture' is of ancient origin and appears to have been in use five centuries ago (Palmer's Company Precedents, Pt. III., p. 1); and a document which, though it mentions to security and is only a … owe] may be defined generally as a charge in writing [not necessarily sealed, see British India, etc., Co. v. Commissioners of Inland Revenue, (1881) 7 QBD 165] of certain pro-perty with the repayment at a time fixed
Insurance
all; in some the principle on which the allotment is made is not disclosed. the third species of company is that which is formed on the basis of mutual insurance. In this there is no proprietary body … a coupon policy, i.e., a coupon cut out of a diary, etc., see General Accident, etc., Assce. Corpn. v. Robertson, 1909 AC 404. Insurable Interest must be possessed by the person taking out a policy; he must
Railway
the tolls by the special Act authorized to be taken by them. The section is permissive only, Johnson v. Midland Ry. Co., (1849) 18 LJ Ex 366; but the Railway Commissioners may compel a company to act … Railway. A road owned by a private person or public company on which carriages run over iron rails; if the road is a public highway, that part of it
Banking company
Matched in: Term Banking company
Directors
persons appointed or elected according to law, authorized to manage and direct the affairs of a corporation or company. The whole of the directors collectively form the board of directors. Their powers, if the company be incorporated … Coalfield Ltd., (1908) 1 Ch 65], nor can a pension be granted to a retiring managing director, Normandy v. Ind, Coope & Co., (1908) 1 Ch 84; but they were under no personal liability except for fraud,
Winding-up
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 … 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
Audit
Act, 1868 (31 & 32 Vict. c. 119), by s. 11 dispensing in the case of a railway company with the necessity, under s.101 of the Act of 1845, of the auditors being shareholders, and by s. … audit may be either detailed or administrative, and is usually both. A detailed audit is a comparison of vouchers with entries of payment, in order that the party whose accounts are audited may not debit his employer
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