Enterprise Liability - Law Dictionary Search Results
enterprise liability
Matched in: Term enterprise liability
liability
Matched in: Term liability
Undertaking
Undertaking, denotes 'any business or any work or project which one engages in or attempts as an enterprise analogous to business or trade, Secretary Madras Gymkhana Club Employees Union v. Manage-ment of Gymkhana Club, AIR 1968 … & Secy. to Govt. of Haryana, (2002) 6 SCC 269. Means a going concern with all its rights, liabilities and arrest as distinct from the various rights and arrests which compose it, Shri Krishna Gyanoday Sugar Ltd.
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company
company pl: -nies : an association of persons for carrying on a commercial or industrial enterprise compare corporation, partnership finance company : a company that makes usually small short-term loans to individuals growth company … is represented by shares owned by stockholders each of whom is personally liable for the company's debts limited liability company : an unincorporated company formed under applicable state statute whose members cannot be held liable for the
corporation
tax advantages public corporation 1 : a government-owned corporation (as a utility or railroad) engaged in a profit-making enterprise that may require the exercise of powers unique to government (as eminent domain) called also government corporation publicly … individuals that has most of the rights and duties of natural persons but with perpetual existence and limited liability see also pierce compare association, partnership, sole proprietorship close corporation [klōs-] : a corporation whose shares are held
Prospectus
and sell shares. Consult Palmer's Company Law. Means a brief sketch describing the main features of some proposed enterprise, as the plan of a literary work, or the proposals of a new business; a descriptive outline of … a prospectus are not to be varied without the approval of the statutory meeting (q.v.). As to the liability of directors or others for statements in the prospectus, see s. 37, DIRECTORS and DECEIT. These requirements extend
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