I Faith - Law Dictionary Search Results
Directors
though without reasonable ground, believed to be true, were not liable to a shareholder taking shares on the faith of such prospectus, reversed the law as to laid down. There are, however, qualifications to meet the case
Appointment in exercise of a Power
of the power is void. The (English) Law of Property Act, 1925, s. 157, protects purchasers in good faith and making reasonable inquiry when dealing after 1925 with an appointee who is not less than 25 years
Liberty
preamble of our constitution lays its resolve to assure to all its citizens liberty of thought, expression, belief, faith and worship (Constitution of India, Preamble). Liberty, before a person is deprived of his personal liberty or his
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prescription
years for immovables or 3 years for movables) the Code also requires that the possessor possess in good faith and under just title. Acquisitive prescription does not run in favor of a person having precarious possession, because
Churchwardens
are generally two in number; are obliged when chosen to serve, and are sworn to execute the office faithfully. Several persons are, however, exempted from the office, viz., peers of the realm, members of Parliament, sheriffs, acting
Expectant heir
buyer of a reversionary interest, including an expectancy or possibility to show that the transaction was in good faith under independent advice as a fair valuation, and if made in secret, or confidentially, that it was otherwise
Trust instrument
of the Act, although not complying in form with the above-mentioned requirements. A purchaser for value in good faith is not affected by the contents of the trust instrument and is not entitled to information in regard
Earnest
SCR 127. A nominal payment or taken act that serve as a pledge or a sign of good faith esp. as the partial purchase price of property, Black's Law Dictionary, 7th Edn., p. 525.
Notice
itself give notice of a trust; and see also s. 113 (ibid.), which absolves persons dealing in good faith with a mortgagee or with the mortgagor after discharge of the mortgage from any duty to inquire into
Puisne mortgage
registered as a land charge became mortgages of a legal estate, but as against a purchaser in good faith without notice, the mortgages are to remaina equitable interest. Registration as a land charge is not compulsory but
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