General Partner - Law Dictionary Search Results
Accomplice
KB 183). See APPROVER. The word 'accomplice' has not been defined by the Evidence Act and it is generally understood that an accomplice means a guilty associate or partner in crime. An accomplice by becoming an approver
Joint-tenancy
fractions of estates, and returning to early principles the (English) Land Legislation of 1925 has employed the tenure generally as the machinery by which legal estate may in such cases always be in some person, called the … he will have a claim or lien on the estate for the amount of such money. (3) When partners in trade purchase property for the partnership concern, equity treats them as tenants in common, holding the survivor
Fraud
prevent injustice and shut out inducement to wrong, certain transactions are held to be fradulent, as contrary to general policy, or to fixed legal principles; as marriage-brokerage bonds, and contracts in restraint of trade. Other transactions again, … between parent and child, attorney and client, principal and agent, guardian and ward, trustee and cestui que trust, partners, etc. Others are of a mixed character, combining the ingredients of the preceding with others of a peculiar
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Trade Union
or on behalf of the union in contemplation or in furtherance of a trade dispute. The s. is general inits application and is not limited to tortious acts committed in contemplation or furtherance of a trade dispute, … federation of two or more Trade Unions: Provided that this Act shall not affect- (i) any agreement between partners as to their own business; (ii) any agreement between an employer and those employed by him as to
Constructive trust
of parties. It arises upon a vendor's lien or charge upon land sold for unpaid purchase money, and generally, when an estate is subject to a trust or equitable interest or lien, and a person purchases it … benefit for themselves. This doctrine is extended to the renewal of leases by one of several persons or partners jointly interested, by an agent, mortgagor, or mortgagee, or by a person jointly interested with an infant, but,
Person
(65 of 1980), s. 2(d)] It includes the Government. [Patents Act, 1970 (31 of 1970), s. 2(1)(s)] The General Clauses Act, 1897 defines that 'person shall include any company or association or body of individuals whether incorporated … an individual and does not bear scrutiny when construed in the case of a company, a firm of partners or an association of persons, J.K. Industries Ltd. v. Chief Inspector of Factories and Boilers, (1997) SCC (205)
Presetment of Bill of Exchange, Cheque, or Pro-missory Note
bill of exchange payable on demand apply to a cheque also (s. 73). A reasonable time is, in general, if customer and banker reside in the same place, the day after the cheque is received, Alexander v. … day and before the bill is overdue.' Presentment must be made to each of many drawees, not being partners or having authorized one to accept for all. 'Where authorized by agreement or usage, a presentment through the
Company
the assessment for the year ending on the 31st day of March, 1948, or which is declared by general or special order of the Central Board of Revenue to be a company for the purposes of this … has not issued a prospectus for public subscription of shares, see s. 94. The main distinction between ordinary partnerships for business purposes and company partnerships is that a duly constituted company is a 'person' in law (see
Election
of a Sports Association, Rajasthan Sports (Registration, Recognition and Regulation of Associations) Act, 2005, s. 2(h). In U.K., general elections to Parliament are held on completion of a term of five years or earlier, if dissolved by … Lords held that a customer could not sue a new firm after having elected to sue a retiring partner. Electio semel facta et placitum testatum non patitur regressum. Quod semel placuit in electionibus amplius displicere non potest.
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