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Forced Share - Law Dictionary Search Results

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forced share

Matched in: Term forced share

elective share

Matched in: Term elective share

force

[forced the door] see also forcible entry 2 : to impose or require by law see also elective share forced heir at heir forced sale at sale … lawful force in this entry in force : valid and operative [a life insurance policy in force] vt forced forc·ing 1 a : to compel by physical means often against resistance [forced him into the car] b

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National insurance

is remunerated by a share in the profits or gross earnings of the vessel. (h) Service in H.M. Forces. The Acts contain special provisions governing these contributors. The following are excepted from the operation of the Acts:

co-maker

NOTE: Any co-maker may be sued for the entire amount of the indebtedness, although a co-maker who is forced to pay more than his or her share may seek contribution from the other co-makers.

squeezeout

majority shareholders deprive minority shareholders of the benefit of stock ownership usually as part of an attempt to force sale of minority shares compare freezeout NOTE: Freezeout and squeezeout are sometimes used as synonyms. … (as a refusal to declare dividends or the restricting of decision-making power in corporate governance) through which majority shareholders deprive minority shareholders of the benefit of stock ownership usually as part of an attempt to force sale

Corporation owned or controlled by the State

in any State, being a co-operative society in which not less than fifty-one per centum of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the … society registered under the Societies Registration Act, 1860, or under any corresponding law for the time being in force in a State, being a society established or admini-stered by Government and a co-operative society within the meaning

Savings banks

use of the Royal Navy and Marines. The Military Savings Bank Act has been extended to the, AIR Force since 1918. (4) There are also various Savings Banks established for the use of special classes of depositors

Investment company

of the Companies Act, 1956 was not adopted by the Legislature. By Finance Act, 1966, which came into force with effect from April 1, 1966, the meaning of the term 'investment company' was clarified by amending clause … SCR 798: (1977) 1 SCC 7. Investment company means a company whose principal business is the acquisition of shares, stocks, debentures or other securities. [Insurance Act, 1938 (4 of 1938), s. 2(10A)]

Appointment of new trustees

a power for this purpose has been supplied by various Acts of Parliament, the statute at present in force being the (English) Trustee Act, 1925, ss. 36 and 37 replacing and extending the 10th section of the … security for trust moneys, except lands securing debentures or debenture stock; it will not pass certain leaseholds or shares or other property which are only transferable in the books of a company or other body or otherwise

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