Counter Offer - Law Dictionary Search Results
Home Dictionary Name: counter offercounter offer
counter offer a rejection to all or part of a purchase offer that negotiates different terms to reach an acceptable sales contract. Source: U.S. Department of Housing and Urban Development ...
Counter-claim
Counter-claim, the word 'counter-claim' in s. 19(8) to (11) which is equated to a cross-suit, includes a claim if it is made in an independent suit filed earlier, Union of India, v. Abhijit Tea Co. (P.) Ltd., (2000) 7 SCC 357: AIR 2000 SC 2957 (2965). [Recovery of Debts due to Bank and Financial Institutions Act, 1993, s. 19(8) to (ii)]By (English) R.S.C. 1883, Ord. XIX., r. 3, under the (English) Judciature Act, 1873, s. 24 (3); replaced by the (English) Judicature Act, 1925, s. 39 (1) (a), subject to the provisions of Rule 15, Order XXI, (exclusion of counter-claim), a defendant in an action may set off, or set up by way of counterclaim, against the claims of the plaintiff, any right or claim, whether such set-off or counter-claim sound in damages or not, and such set-off or counterclaim shall have the same effect as across action, so as to enable the Court to pronounce a final judgment in the same action, both on the original and on the cross claim. (As amended by (English) R.S.C. N...
Counter
Counter, the name of two prisons in London, the Poultry Counter and Wood Street Counter, afterwards consolidated into one new-built prison, for the use of the city, to confine debtors, peace-breakers, etc., Cowel.An advocate or professional pleader; one who counts (i.e. orally recites) for a client, Black's Law Dictionary, 7th Edn....
Alimony-counter-claim
Alimony-counter-claim, A claim for alimony by the wife, for herself and her child in an application by the husband for restitution of conjugal rights is a 'counter-claim' within the meaning of section 23A of the Hindu Marriage Act, C. Sannaiah v. Padma, AIR 1983 Karn 114....
Counter-sign
Counter-sign, the signature of a secretary or other subordinate officer to anywriting signed by the pricnipal or superior to vouch for the authenticity of it; e.g., the order of a towncouncil for payment of money out of the borough fund must be singed by three members of the town council,and counter-signed by the townclerk, by (English) Local Government Act, 1933 (23 & 24 Geo. 5, c. 51), s. 187, replacing (except as to London) Municipal Cor-porations Act, 1882, s. 141.Also the password in response to a military challenge by a sentinel or guard.To 'countersign' means 'to sign opposite to along side of or in addition to another signature 'or' to add one's signature to a document (already signed by another) for authentication or confirmation', M. Duraiswamy v. Murugan Bus Service, 1986 Supp SCC 1: AIR 1986 SC 1980 (1989). [Motor Vehicles Act, (4 of 1939), s. 63(1)]...
Over-the-counter market
Over-the-counter market, means the market for securities that are not traded on an organised exchange. Over-the Counter (OTC) trading usually occurs through telephone or computer negotiations between buyers and sellers. Many of the more actively traded OTC Stocks are listed on NASDAQ, Black's Law Dictionary, 7th Edn., p. 1130....
public offering
public offering : an offering of corporate securities to the general public or to potential purchasers whose level of knowledge or access to information about the securities is dependent upon the disclosures of the corporation compare private offering NOTE: Public offerings are subject to the requirements of the Securities Act of 1933 for filing a registration statement before the offering can take place. ...
Offer of shares to the public
Offer of shares to the public. Shares and debentures of limited companies, when allotted or agreed to be allotted with a view to sale to the public, must when offered to the public comply with the provision of s. 38 of the Companies Act, 1929; and see PROSPECTUS. Further, any offer in writing to any member of the public of any shares for purchase except as provided, i.e. (a) shares dealt in with permission of any recognised stock exchange in Great Britain; (b) shares allotted with a view to sale to the public; and (c) offers to persons doing regular business in the purchase or sale of shares, must comply with s. 356 of the same Act; s. 356 also absolutely prohibits 'share pushing,' i.e., any person going from house to house (not being an office used for business purposes) offering shares for subscription or purchase to the public or any member of the public...
offer
offer 1 : a proposal, promise, or other manifestation of willingness to make and fulfill a contract or to bargain under proposed terms with another party that has the power to accept it upon receiving it [denied accepting the ] see also revoke, tender offer 2 : a price named by one proposing to buy (as in a bid, bargain, or settlement) : the amount of an offer to pay money [decided the was too low] offer vb ...
private offering
private offering : the sale of an issue of securities directly by the issuer to one or a few large investors without any public offering called also private placement compare public offering NOTE: A private offering is exempt from the requirements of filing a registration statement with the Securities and Exchange Commission and distributing prospectuses to potential buyers before the sale. ...
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