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Company

Company [fr. compagnia, Ital., which word is still printed on Bank of England notes as 'compa'], a body of persons associated for purposes of busi-ness, sometimes, but not now so frequently as some years ago, styled a Joint Stock Company.A company has its origin either (1) in a charter, as the Bank of England and many insurance companies; or (2) in a special Act of Parliament, with which, as authorizing an undertaking of a public nature such as a railway, the Companies Clauses Consolidation Act, 1845 (8 & 9 Vict. c. 16), is necessarily incorporated; or (3) in registration under the Companies Acts, 1862 and subsequent Acts, now consolidated into the (English) Companies Act, 1925 (19 & 20 Geo. 5, c. 23).By s. 13 of the Act of 1925 (1) on the registration of the memorandum of a company the registrar shall certify under his hand that the company is incorporated and, in the case of a limited company, that the company is limited. (2) From the date of incorporation mentioned in the certificat...


Deficiente uno sanguine non potest esse heres

Deficiente uno sanguine non potest esse heres [Lat.], One blood being wanting, he cannot be heir....


In restitutionem, non in paenam heres succedit

In restitutionem, non in paenam heres succedit [Lat.], the heir succeeds to the restitution, not to the penalty...


Omnes sorroes sunt quasi heres de una hereditate

Omnes sorroes sunt quasi heres de una hereditate [Lat.], all sisters are as it were one heir to one inheritance....


Tail after possibility of issue extinct, Tenant in

Tail after possibility of issue extinct, Tenant in. This estate arises out of a special entail as to the parentage of the issue, when the express condition has become impossible by reason of death. Thus, if an estate be granted to husband and wife, and their issue, male or female, if either of them die without issue, the survivor is tenant-in-tail after possibility of issue extinct; and even if there have been issue, yet if the issue die without issue, then the surviving parent is also such a tenant; and also if an estate be entailed upon a man and his issue from a particular wife, if she die without issue, the interest of the husband becomes reduced to a tenancy-in-tail after possibility of issue extinct. Only a donee in tail-special can become such a tenant, for if the entail be general, such a tenancy can never arise; for whilst he lives he may have issue, the law not admitting the impossibility of having children at any age. As an estate-tail is originally carved out of a fee-simpl...


After sight

After sight, the expression 'after sight' means, in a promissory note, after presentment for sight, and, in a bill of exchange, after acceptance, or noting for non-acceptance, or protest for non-acceptance. (Negotiable Instruments Act, 1881, s. 21)...


Made at any time after the first day of January 1946

Made at any time after the first day of January 1946, when it used the expression 'made at anytime after the first day of January, 1946, it meant only those transfers which were uncontroversially made after that date, Umesh Jha v. State, AIR 1956 Pat 425 (428). [Bihar Land Reforms Act, 1950, s. 2(h)]...


after-acquired

after-acquired : acquired after a certain event (as the perfection of a security interest) ...


after-born

after-born : born after a certain event (as a father's death or the execution of a will) ...


After

After, Where an act has to be done within so many days after a given event, the day of such event is not to be reckoned. (Stroud's Judicial Dictionary, Third Edition, Volume I, page 86), Jitendar Tyagi v. Delhi Administration (1989) 4 SCC 653: AIR 1990 SC 487 (492): (1989) SCR Supp 341. [National Security Act, (65 of 1980), s. 3(4)]...


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