Debt - Law Dictionary Search Results
Bankrupt
and ruptus, Lat., broken, denoting thereby one whose shop or place of trade is broken or gone]. A debtor who does certain acts, tending to defeat or delay his creditors, may be adjudged bankrupt, and so made
Banking policy
efficient use of these deposits and resources. [Banking Regulation Act, 1949 (10 of 1949), s. 5 (ca)]Means a debtor (as an individual or organization) whose property is subject to administration under the bankruptcy laws for the benefit
Banking company
it in clause (c) of s. 5 of the Banking Regulation Act, 1949 (10 of 1949). [Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), s. 2 (e)] shall have the meaning
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Bank
bank; (iii) State Bank of India; (iv) a subsidiary bank; or (v) a Regional Rural Bank. [Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), S. 2 (e)]
Autre vie, Estate pur
devolve on the personal representative (Administration of Estates Act,1925, s. 11), and are assets for the payment of debts (s. 32, ibid.). a tenant pur autre vie appears to be a 'limited owner' for the purposes of
Attendant term
for years in real property are created for many purposes, e.g., to furnish money for the payment of debts, to secure rent charges or jointures, to raise portions for younger children, daughters, etc. Now, although the purpose
Appointed day
under sub-s. (1) of s. 3 or, as the case maybe, sub-s. (1) of s. 8. [Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (13 of 1985), s. 2 (c)] In relation to a
Ancillary administration
the decendent's domicile, such as one in a foreign state, the purpose being to collect assets and pay debts in that locality, Black Law Dictionary, 7th Edn., p. 45.
dead beat
a loafer sponger or swindler especially one who does not pay his debts Same as Beat n 7
Agency, Deed of
Agency, Deed of, a revocable and voluntary trust for payment of debts, Consult Lewin on Trusts.
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