Company - Law Dictionary Search Results
Debentures and shares
defined in, s. 2(46) of the Companies Act, 1956 mean a share in the share capital of a company which in turn would mean that it would represent contribution of the shareholder towards the share capital of
Discount
(40 of 1982), s. 2(g)] Means the difference between the amount received or receivable by the infrastructure capital company or infrastructure capital fund or public sector company issuing the bond and the amount payable by such company
Limited liability
the nominal amount of the shares in respect of which they are registered in the books of the company. When a share has been fully paid up, no further liability exists. As to shares which have not
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Managing Director
Managing Director, in relation to a banking company, means a director who, by virtue of an agreement with the banking company or of a resolution passed
Proxy
& 9 Vict. c. 16), see sections 76, 77 of that Act; amended in the case of a company being shareholder, by the Companies Clauses Acts, 1888 and 1889. A letter 'for the sole purpose of appointing
Scheme
3 SCR 121. Means a scheme inviting subscription to security receipt proposed to be issued by a securitisation company or reconstruction company under that scheme. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act,
Secured creditor
or financial institutions and includes, (i) debenture trustee appointed by any bank or financial institution; or (ii) securitisation company or recon-struction company; or (iii) any other trustee holding securities on behalf of a bank or financial institution,
Accumulated loss
Accumulated loss, means so much of the loss of the amalgamating banking company under the head 'profits and gains of business or profession' (not being a loss sustained in a speculation
Deferred stock
Deferred stock. Stock in a company is frequently divided into 'preferred,' the holders of which are entitled to a fixed dividend payable out of
Cheap trains
on all fares not exceeding one penny per mile and empowered he board of Trade to require any company to provide proper accommodation at such fares, and also reasonable accommodation for workmen going to and returning from
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