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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...


Floating security

Floating security, in an equitable charge on the assets for the time being of a going concern. If attaches to the subject charged in the varying condition in which it happens to be from time to time. It is of the essence of such a charge that it remains dormant unit the undertaking charged ceases to be a going concern, or unit the undertaking charged cases to be a going concern, or until the person in whose favour the charge is created intervenes, Governments Stock and other Securities Investment Co. Ltd. v. Manila Railway Co. Ltd., (1897) AC 81....


Miswend

To go wrong to go astray...


canvass

canvass also can·vas [kan-vəs] vb -vassed also: -vased -vass·ing also: -vas·ing vt 1 a : to examine in detail ;specif : to examine (votes) officially for authenticity b : to make the subject of discussion or debate 2 : to go through (a district) or go to (persons) in order to solicit orders or political support or to determine opinions or sentiments vi : to seek or solicit orders or votes ...


egress

egress [Medieval Latin egressus, literally, act of going out, departure, from Latin, from egredi to go out, from e- out + gradi to make one's way] 1 : the action or right of going or coming out 2 : a place or means of going out or exiting compare ingress [i-gres] vi : to go or come out ...


heir

heir : one who inherits or is entitled to succeed to the possession of property after the death of its owner: as a : one who by operation of law inherits the property and esp. the real property of a person who dies without leaving a valid will used in jurisdictions whose law is based on English common law called also heir at law heir general legal heir compare issue b in the civil law of Louisiana : one who succeeds to the estate of a person by will or esp. by operation of law see also intestacy, unworthy compare ancestor, devisee, legatee, next of kin, successor apparent heir : heir apparent in this entry beneficiary heir in the civil law of Louisiana : an heir who exercises the benefit of inventory which limits the amount of his or her liability for the decedent's debts bod·i·ly heir : heir of the body in this entry forced heir : an heir who cannot be disinherited except for causes recognized by law ;esp in the civil law of Louisiana : an heir who because of yo...


negotiable

negotiable : capable of being negotiated ;esp : transferable from one party to another by delivery with or without endorsement so that title passes to the transferee [ securities] [a certificate of deposit] see also negotiable instrument ne·go·tia·bil·i·ty [ni-gō-shə-bi-lə-tē] n ...


nonnegotiable

nonnegotiable : not negotiable non·ne·go·tia·bil·i·ty [-nə-gō-shə-bi-lə-tē] n ...


remit

remit re·mit·ted re·mit·ting [Latin remittere to let go back, send back, give up, forgive, from re- back + mittere to let go, send] vt 1 a : to release from the guilt or penalty of b : to refrain from exacting [ a tax] c : to cancel or refrain from inflicting [ the fine] 2 : to submit or refer for consideration, judgment, decision, or action ;specif : remand 3 : to restore or consign to a former status or condition 4 : to send (money) to a person or place esp. in payment of a demand, account, or draft vi : to send money (as in payment) re·mit·ment n re·mit·ta·ble adj ...


Deviate

To go out of the way to turn aside from a course or a method to stray or go astray to err to digress to diverge to vary...



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