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Joint-tenancy

the (English) National Debt (Stock-holders Relief) Act, 1892 (55 & 56 Vict. c. 39), passed inconsequence of Law Guarantee and Trust Society v. Bank of England, (1890) 24 QBD 406, which provides that such stock 'may be

Financial commitment

direct investment by way of contribution to equity and loan and 50 per cent of the amount of guarantees issued by an Indian party to or on behalf of its overseas Joint Venture Company or Wholly Owned

Financial obligations

for so construed it implies an obligation in the nature of an obligation in respect of loans and guarantees incurred or undertaken by the State, State of West Bengal v. Serajuddin Batley, AIR 1954 SC 193 (194).

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Defunct banking Company

which has transferred all its deposit liabilities in India to any other institution etc. [Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961), s. 2(f)]

Financial assistance

Financial assistance, means any loan or advance granted or any debentures or bonds subscribed or any guarantees given or letters of credit established or any other credit facility extended by any bank or financial institution.

Earnest

(1) It must be given at the moment at which the contract is concluded. (2) It represents a guarantee that the contract will be fulfilled or, in other words, 'earnest' is given to bind the contract. (3)

Due process of law

law has not been accepted, the Constitution of India adopted the expression, 'procedure established by law', does not guarantee the right to any particular procedure to deprive a person of his life or liberty, the legislature is

District Programme Co-ordinator

such under sub-s. (1) of s. 14 of implementation of the Scheme in the district. [National Rural Employment Guarantee Act, 2005 (42 of 2005), s. 2(e)]

Deposit Insurance Corporation

Deposit Insurance Corporation, means the Deposit Insurance and Credit Guarantee Corporation established under s. 3 of the Deposit Insurance Corporation Act, 1961. [The Multi-State Co-operative Societies Act, 2002,

Del credere

which a factor, when he sells goods on credit for an additional commission (called a del creder commission), guarantees the solvency of the purchaser and his performance of the contract. Such a factor is called a del

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