Discharged From Liability - Law Dictionary Search Results
Paid
In general, dividend may be said to be paid within the meaning of s. 16(2) when the company discharges its liability and makes the amount of dividend unconditionally available to the member entitled thereto, J. Dalmia v.
acquit
pay off, absolve, acquit, from a-, prefix marking causation + quite free (of an obligation)] vt : to discharge completely: as a : to release from liability for a debt or other obligation usually used in agreements … marking causation + quite free (of an obligation)] vt : to discharge completely: as a : to release from liability for a debt or other obligation usually used in agreements [forever release, , and discharge each other] b
objection to dischargeability
being released from personal liability for certain dischargeable debts. Common reasons include allegations that the debt to be discharged was incurred by false pretenses or that debt arose because of the debtor's fraud while acting as a
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Bankruptcy debt
debt or liability to which he may become subject after the commencement of the bankruptcy (including after his discharge from bankruptcy) by reason of any obligation incurred before commencement of the bankruptcy, R (Steele) v. Birmingham City
Quietus
Quietus, freed or acquitted; discharged of all further liability; see, e.g., Ex parte Pullman, (1890) 45 Ch D 466. A word made use
Acknowledgement
recital in a document as to the existence of a past liability, coupled with a statement of its discharge, does not constitute an 'acknowledgement' within this section, Valliama Champaka Pillai v. Sivathanu Pillai AIR 1979 SC 1937
Public trustee
sub-sections (3), (4), (5)] The Con-solidated Fund is, speaking generally, liable to make good all sums required to discharge any liability which the Public trustee, if he were a private trustee, would be personally liable to discharge
release
1 a : to relieve or free from obligation, liability, or responsibility [the debtor is released from all dischargeable debts] b : to give up (a claim, title, or right) to the benefit of another person :
Executor de son tort.
deceased was assignee, see Stratford-upon-Avon Corporation v. Parker, (1914) 2 KB 562. An executor de son tort can discharge his liability by obtaining probate if he is entitled, or by accounting to the personal representative, or to
Priority
of equitable charges by a tenant for life or statutory owner for death duties and other estate liabilities discharged by him, and subject to these equitable charges which are not protected by possession of the documents of … of the estate of any person who shall die on or after 1st January, 1870, no debt or liability of such person shall be entitled to any priority or preference by reason merely that the same is
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