Going Private - Law Dictionary Search Results
Home Dictionary Name: going privategoing private transaction
going private transaction : a corporate action (as a recapitalization, share repurchase, or tender offer) taken as part of going private ...
going private
going private : the process of transforming a public corporation into a close corporation by terminating the registration of the corporation's stock, the listing of the stock on an exchange, or the active trading of the stock on the market ...
repurchase
repurchase -chased -chas·ing : to buy back [ shares of stock] n : the act or an instance of purchasing something again or back ;specif : a corporation's buying back of some of its stock at market price (as to increase the amount of Treasury stock or as a preliminary step to going private) ...
Go slow
Go slow, Go-slow which is a picturesque description of deliberate delaying of production by workman pretending to be engaged in the factory is one of the most pernicious practices that discontented or disgruntled workmen some time resort to. It would not be far wrong to call this dishonest. For, while thus delaying production and thereby reducing the output the workmen claim to have remained employed and thus to be entitled to full wages. Apart from this also, 'go-slow' is likely to be much more harmful than total cessation of work by strike. For, while during a strike much of the machinery can be fully turned off, during the 'go-slow' the machinery is kept going on a reduced speed which is often extremely damaging to machinery parts. For all these reasons 'go-slow' has always been considered a serious type of misconduct, Bharat Sugar Mills Ltd. v. Jai Singh, (1962) 3 SCR 684: (1967) 2 LLJ 644....
Private company
Private company. A 'private company' is defined by s. 26 of the (English) Companies Act, 1929, as follows:-Company privately formed by members who subscribe the whole of the capital among them-selves.26. --(1), For the purposes of this Act the expression 'private company' means a company which by its articles-(a) restricts the right to transfer its shares; and(b) limits the number of its members to 50, not including persons who are in the employment of the company and persons who, having been formerly in the employment of the company, were, while in that employment and have continued after the determination of such employment to be, members of the company; and(c) prohibits any invitation to the public to subscribe for any shares or debentures of the company.(2) Where two or more persons hold one or more shares in a company jointly they shall, for the purposes of this section, be treated as a single member.S. 27, ibid., provides that if a company alters its articles so that the provisio...
Away-going, or Way-going crops
Away-going, or Way-going crops, crops sown during the last year of a tenancy, but not ripe until after its expiration. The right which an out-going tenant has to take an away-going crop is sometimes given to him by the express terms of the contact, but, where that is not the case, he is generally entitled to do so by local custom or usage; such custom or usage has been held to be reasonable and valid, see Wigglesworth v. Dallison, 1 Sm LC, decided by Lord Mansfield in 1799, and to apply to tenants by parol agreement as well as by deed or written contract of demise, and this for the benefit and encouragement of agriculture; but modern farming agreements frequently bar any claim under it, and substitute a claim to compensation as found due by valuers....
Private
Belonging to or concerning an individual person company or interest peculiar to ones self unconnected with others personal ones own not public not general separate as a mans private opinion private property a private purse private expenses or interests a private secretary...
Private security agency
Private security agency, means a person or body of person other than a government agency; depart-ment or organization engaged in the business of providing private security services including training to private security guards or their supervisor or providing private security guards to any industrial or business undertaking or a company or any other person or property. [The Private Security Agencies (Regulation) Act, 2005, s. 2(g)]...
Right of private defence
Right of private defence, the right of private defence of person and property is recognised in all free, civilised, democratic societies within certain reasonable limits. Those limits are dictated by two considerations: (1) that the same right is claimed by all other members of the society and (2) that it is the State which generally undertakes the responsibility for the maintenance of law and order. The citizens, as a general rule, are neither expected to run away of safety when faced with grave and imminent danger to their person or property as a result of unlawful aggression, nor are they expected, by use of force, to right the wrongs done to them or to punish the wrongdoer for commission of offences. The right of private defence serves a social purpose and as observed by the Supreme Court more than once there is nothing more degrading to the human spirit than to run away in face of peril. But this right is basically preventive and not punitive, Gottipulla Venkata Siva Subbrayanam v...
private offering
private offering : the sale of an issue of securities directly by the issuer to one or a few large investors without any public offering called also private placement compare public offering NOTE: A private offering is exempt from the requirements of filing a registration statement with the Securities and Exchange Commission and distributing prospectuses to potential buyers before the sale. ...
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