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Heads Up - Law Dictionary Search Results

Home Dictionary Name: heads up

heads up

maintaining presence of mind alert and attentive able to recognize and take quick advantage of opportunities resourceful as he played good heads up baseball...


Head cheese

A dish made of portions of the head or head and feet of swine cut up fine seasoned and pressed into a cheeselike mass...


Winding-up

Winding-up, the process by which an insolvent estate is distributed, as far as it will go, amongst the persons having claims upon it. The term is most frequently applied to the winding-up of joint-stock companies.The property of a company is collected and distributed firstly in discharge of its liabilities, and secondly, among its members according to their respective rights with a view to its dissolution. If the assets are not sufficient to meet the liabilities, a company is usually wound up by the Court. In other cases the winding-up is usually voluntary and conducted by the company itself either with or without the supervision of the Court. The provisions of the (English) Companies Act, 1929, govern a winding-up in any of these three modes (s. 156). In any winding-up the members who may be called upon to contribute are ascertained and their liability determined under ss. 157-162; see CONTRIBUTORIES. Debts and claims of all kinds require to be proved and if not of certain value to be...


Bearing rein

A short rein looped over the check hook or the hames to keep the horses head up called in the United States a checkrein...


Bluff headed

Built with the stem nearly straight up and down...


Headed

Furnished with a head commonly as denoting intellectual faculties used in composition as clear headed long headed thick headed a many headed monster...


Voluntary winding up and winding up by the court

Voluntary winding up and winding up by the court, the expressions 'voluntary winding up' and 'winding up by the Court' have acquired a technical meaning in our Company and Insurance jurisprudence. Like the Co-operative Society Laws, the Companies Act and the Insurance Act also make a distinction between the cessation of business by a company and its voluntary winding up or winding up by an order of the Court. There is nothing unequivocal in s. 15(a) of the Act to show that Parliament intended to depart from the technical meaning of 'voluntary winding up' and 'winding up by the Court' and to bid a good-bye to the distinction in our Company and Insurance jurisprudence between mere cessation of business by a company and its voluntary winding up or winding up by an order of the Court. The phrase 'voluntarily wound up' in the first limb would mean the voluntary winding up of an insurance public company in accordance with s. 54 of the Insurance Act, The Neptune Assurance Co. Ltd.v. Union of ...


Head of department

Head of department, Head of Department for Financial Code and for service rules are not terms of co-extensive connotation and they have different, meaning in different context for purposes of r. 3(2) of the A.P. Ministerial Service Rules, 1961, Dy. Chief Accounts Officer would be the Head of the Department, V.S. Murty v. Deputy Chief Accounts Officer, AIR 1983 SC 403 (407): (1983) 2 SCC 115: (1983) 2 SCR 404. [Andhra Pradesh Ministerial Service Rules, 1961, R. 3(2)]Head of Department, means as defined in Bihar Service Code (The Bihar Water Resources Depart-ment Mufassil Cadre Maintenance Act, 1998)...


wind up

wind up wound up wind·ing up : to bring to an end by taking care of unfinished business [ordered to wind up his practice] ;specif : to conclude by removing liabilities and distributing any remaining assets to partners or shareholders [wind up the business and affairs of a corporation in dissolution] [wind up a receivership] ...


Set up

Set up, means a unit cannot be said to have been set up, unless it is ready to discharge the function for which it is being set up. It is only when the unit has been put into such a shape that it can start functioning as a business or a manufacturing organization that it can be said that the unit has been set up. The word 'set up' in the principal clause is equivalent to the word established, CWT Madras v. RS Cotton Mills, AIR 1967 SC 509: (1967) 1 SCJ 123: (1967) 1 ITJ 1: (1967) 1 Andh WR (SC) 25: (1967) 1 Mad LJ (SC) 25: (1967) 63 ITR 478....


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