Future Interest - Law Dictionary Search Results
Home Dictionary Name: future interest Page: 5Futurist
One whose chief interests are in what is to come one who anxiously eagerly or confidently looks forward to the future an expectant...
Fraudulent settlement
Fraudulent settlement. If a marriage settlement comprises property without which the settlor can-not pay his debts, or contain a covenant for the future settlement of property in which the settlor has no present interest, then, if the settlor become bankrupt, and the settlement appears to have been made to defeat creditors, or was unjustifiable having regard to the state of the settlor's affairs, the Bankruptcy Court may refuse an order of discharge, as if he had been guilty of fraud: (England) Bankruptcy Act, 1914, s. 27....
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 SC 554: (1968) 2 SCJ 138: (1968) 1 SCA 379: (1967) 2 SCWR 618: (1967) 2 Lab LJ 720: 33 FJR 157: (1968) Lab JC 547: (1968) 2 Andh WR (SC) 6: (1968) 2 Mad LJ (SC) 6: 15 Fac LR 411: 16 Law Rep 140.Undertaking, denotes, with reference to company law, all the assets of the company past present and future, and is a mortgageable interest being commonly charged by the debentures of the company. 'Undertaking' means a unit, such as a factory or a granary, Industrial Disputes Tribunal (in re:), (1956) 3 All ER 111.Undertaking, in a compromise decree does not mean a promise to a court. It is merely a solemn promise by one party to the other when it appears in an agreement between the two, Nisha Kant Roy v. Sandji Bashnai, Goho, AIR 1948 Cal 294: 49 Cr LJ 567.Undertaking, i...
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