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Holding Company - Law Dictionary Search Results

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Shareholder

is only the person whose name is entered in the register of share-holders of the company as the holder of the shares who can be said to be a shareholder qua the company, and not the person

Unless the articles of the company otherwise provide

Matched in: Term Unless the articles of the company otherwise provide

Life-rent

applied in the words of Palmer in five categories of cases; where companies are in the relationship of holding and subsidiary (or subsidiary) companies; where a shareholder has lost the privilege of limited liability and has become … shareholder has lost the privilege of limited liability and has become directly liable to certain creditors of the company on the ground that, with his knowledge, the company continued to carry on business six months after the

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Contributory

are (in addition) liable as if they were members of an unlimited company unless they have ceased to hold office for a year or upwards before the commencement of the winding-up. See generally (English) Companies Act, 1929,

Related person

person, directly or indirectly, in the business, then it could be said that they are 'related persons'. The holding company and subsidiary company have got special significance. There must be mutuality of interest between the two persons, Flash

Managing agency

(ii) Where the managing agent is a company, and director of such company, and any member thereof who holds substantial interest in such company. (iii) Where the managing agent is a firm, any partner of such firm.

Sponsor

one who makes a promise or gives security for another, particularly a godfather in baptism. Means any person holding not less than ten per cent of the paid-up equity capital of a securitisation company or reconstruction company.

subrogation

to the creditor's rights against the debtor or obligor ;also : a doctrine holding that when an insurance company pays an insured's claim of loss due to another's tort the insurer succeeds to the insured's rights (as … subrogation 1 : an equitable doctrine holding that when a third party pays a creditor or obligee the third party succeeds to the creditor's rights

leaflet

leased leas·ing vt 1 : to grant by lease to another [s mopeds to tourists] 2 : to hold under a lease [a company leasing a fleet of cars for its executives] vi 1 : to be

leaflet

leased leas·ing vt 1 : to grant by lease to another [s mopeds to tourists] 2 : to hold under a lease [a company leasing a fleet of cars for its executives] vi 1 : to be

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