Corporate Office - Law Dictionary Search Results

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Corporate Office

corporate office in local government act 1933 23 24 geo 5 c 51 s 305 means the office of mayor alderman councillor or elective auditor of a borough

..... either judicial municipal see corporate office civil military or ecclesiastical as to obtaining offices by desert only the repealed 12 ric ..... se i e without proof of special damage see public office an office means a public or private employment with certain duties to ..... ltd v noor mohd sheikh mussa 2004 6 scc 166 means office or employment as one subsisting permanent substantive position which had an .....

Resignation

..... by writing and on payment of a fine of corporate offices under the english municipal corporations act 1882 is provided for by s 36 of ..... 6th edn resignation must be made with intention of relinquishment the office accompanied by act of relinquishment prabha aarti v state of uttar ..... there must be the intention to give up or relinquish the office and the concomitant act of its relinquishment air 1978 sc .....

piercing the corporate veil

piercing the corporate veil the judicial act of imposing personal liability on otherwise immune corporate officers directors and shareholders for a corporation s fraudulent or wrongful acts source findlaw

trust fund doctrine

trust fund doctrine a doctrine holding that shareholders to whom assets of an insolvent corporation have been transferred are liable to creditors upon dissolution of the corporation broadly a doctrine holding that corporate assets are held as a trust fund for the benefit of shareholders and creditors and that corporate officers have a fiduciary duty to deal with them properly

special facts doctrine

special facts doctrine a doctrine holding that a corporate officer with superior knowledge gained by virtue of being an insider owes a limited fiduciary duty to a shareholder in transactions involving transfer of stock

Breach of duty

breach of duty means a breach of a duty especially by a fiduciary as an agent or corporate officer in carrying out the functions of his or her position webster s dictionary of law indian edn 2005 p 58

Nerve - center test

nerve center test a method courts sometimes use to determine the location of a company s principal place of business by which the principal place of business is determined to be the location where the corporate officers directors and sometimes shareholders reside and where they direct and contest the corporation s activities black s law dictionary 7th edn p 1061

fair dealing

fair dealing the transacting of business in a manner characterized by candor and full disclosure and free of self dealing specif such transacting undertaken by a corporate officer on his or her own behalf

fact

..... circumstances in making an investment decision as in purchasing a security or voting for a corporate officer or action mediate fact evidentiary fact in this entry predicate fact evidentiary fact in this .....

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