General Creditor - Law Dictionary Search Results
Bond
the obligee. A bond is called single (simplex obligatio) when it is without a penalty, but there is generally a condition added, that, if the obligor does or forbears from some act, the obligation shall be void, … Akoijam Amubi Singh, AIR 1982 Gau 100. Means to secure payment by providing a bond e.g. at the creditor's insistence, Gabriel consolidated and bounded his various loans, to provide a bond for (a person) the company bounded
lien
property. first lien : a lien taking precedence over all other claims, charges, or encumbrances of the same general category but not necessarily over those (as taxes) imposed by government sanction float·ing lien : a lien created … the taxes assessed to pay for the improvement attachment lien : a lien acquired on property by a creditor upon levy of an attachment car·ri·er's lien : a lien against freight conferring on the carrier the right
benefit
provides an advantage or gain ;specif : an enhancement of property value, enjoyment of facilities, or increase in general prosperity arising from a public improvement general benefit : a benefit to the community at large resulting from … a person's liability benefit of dis·cus·sion : the right of a surety being sued to compel the suing creditor to sue the principal first benefit of di·vi·sion : the right of a surety being sued to compel
Keep your definitions linked to case research
Directors
any, within two months with penalties for contravention; for other offences see s. 60 (concealment of name of creditor, or nature or amount of any debt); s. 275 (carrying on the company's business to defraud creditors or … the Trustee Act, 1888, s. 8 [Re Lands Allotment Co., (1894) 1 Ch 616]. As to their position generally, see Re Faure Electric Accumulator Co., (1889) 40 Ch D 141. The (repealed) (English) Directors Liability Act, 1890
Resolution
members entitled to vote as are present in person or by proxy (where proxies are allowed) at a general meeting, of which notice specifying the intention to propose the resolution as an extraordinary resolution has been duly … purposes of the Bankruptcy Act, 1914, 'ordinary resolution' means a resolution decided by a majority in value of creditors present, personally or by proxy, at a meeting of creditors and voting on the resolution: 'special resolution' means
Debenture
trade mark (see the full list in s. 79) will be void as against the liquidator and any creditor of the company unless the charge is registered with the Registrar of Joint Stock Companies in manner prescribed … Debenture [fr. debeo, Lat., to owe] may be defined generally as a charge in writing [not necessarily sealed, see British India, etc., Co. v. Commissioners of Inland Revenue,
privilege
protect military, diplomatic, or national security secrets, the need for evidence in a criminal trial will outweigh a general assertion of executive privilege. informant's privilege : the privilege of the government to withhold the identity of an … past "National Law Journal"] compare right d in the civil law of Louisiana : a right of a creditor conferred by the nature of a debt to have priority over the debtor's other creditors 2 : any
Agent
Agent, a person acting for another, whether by his express or implied authority, the general rule being, that whatever a person may do himself, that he may, as 'principal,' authorize another to do … of a person incapable of managing his affairs or under a deed of arrangement for the benefit of creditor, Plumpton v. Burkinshaw, (1908) 2 KB 572; G.B. Nicholls & Co. Ltd. v. Knapman, (1910) 102 LT 306.
Registration of title of land
to be on the register; (b) certain equitable claims which would be binding on the land under the general law and cannot be removed or over-reached without onerous formalities do not affect such purchasers; (c) the method … (English) Land Charges Act, 1925 (ss. 3, 49 and 59, L.R. Act). (vi) Widow's rights. (vii) Notices by creditors and others (ss. 49, 59 and 61). (viii) Restrictive covenants (s. 50). (ix) Manorial incidents (s. 51). (x)
Wills
by any will any real or personal estate shall be charged with any debt or debts, and any creditor, or the wife or husband of any creditor whose debt is so charged, shall attest the execution of … wholly repealed by s. 2 of the Wills Act, 1837, which does not extend to Scotland, where, as generally in Europe, except in England and Ireland, a man cannot deprive his wife and children of a reasonable
- ‹ Prev
- 1
- 2
- 3
- 5
- 6
- Next ›
- Last »
Try the research workspace - 7 days free