Fictitious Payee - Law Dictionary Search Results
Home Dictionary Name: fictitious payeefictitious payee
fictitious payee : a person named as payee in an instrument who does not in fact exist or who does exist but to whom the maker of the instrument does not intend to convey any interest in the instrument ...
fictitious person
fictitious person : a supposed but in fact nonexistent person referred to in some legal documents or proceedings ;also : fictitious payee ...
Payee
Payee, means person named in a negotiable instru-ment, to whom or to whose order the money is, by the instrument, directed to be paid, Negotiable Instruments Act, 1881, s. 7.One to whom a bill of exchange or promissory note or cheque is made payable; he must be named or otherwise indicated therein, with reasonable certainty. The bill, note, or cheque may be made payable to one or more payees jointly, or in the alternative to one of two or one or some of several payees, or to the holder of an office for the time being; but where the payee is a fictitious or non-existing person, it may be treated as payable to bearer, Bills of Exchange Act, 1882, s. 7; and see Bank of England v. Vagliano, 1891 AC 107.The person named in the instrument to whom or to whose order the money is by the instrument directed to be paid, is called the 'payee'. (Negotiable Instruments Act, 1881 (26 of 1881), s. 7)...
Fictitious entry
Fictitious entry, A fictitious entry is one which is not genuine. It is an unreal entry. Entries which are not genuine cannot confirm anybody's rights. It is too obvious to be stressed that an entry which is incorrectly introduced into the records by reason of ill-will or hostility is not only shorn of authenticity but also becomes utterly useless without any lawful basis, Bachan v. Kankar, AIR 1972 SC 2157 (2160): (1972) 2 SCC 555: (1973) 1 SCR 727....
payee
payee : a person to whom money is to be or has been paid ;specif : the person named in a bill of exchange, note, or check as the one to whom the amount is directed to be paid compare drawee, drawer ...
certificate of assumed name, trade name, or fictitious name
certificate of assumed name, trade name, or fictitious name A certificate granted by a state authority (usually the secretary of state) that allows you to transact business under a name other than your own ...
fictitious
fictitious 1 : of, relating to, or characteristic of a legal fiction 2 : false fic·ti·tious·ly adv fic·ti·tious·ness n ...
fictitious name
fictitious name : a name (as John Doe) used in a complaint when the party's name is unknown at the time of filing or when the party's identity is being kept private ...
Fictitious
Feigned imaginary not real fabulous counterfeit false not genuine as fictitious fame...
Fictitious stamp
Fictitious stamp, means any stamp falsely purporting to be issued by the government for the purposes of denoting a rate of postage, or any facsimile or imitation or representation, whether or paper or otherwise of any stamp issued by government for that purpose [Act (45 of 1860), s. 263A(3)]...
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