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Arrangements between debtors and creditors

Arrangements between debtors and creditors. The 125th and 126th sections of the (English) Bankruptcy Act, 1869, which repealed an Act of 1861, allowed liquidation by arrangement and composition with creditors by resolutions passed at similar representative meetings to take the place of proceedings in bankruptcy. The (English) Bankruptcy Act, 1883, having repealed the Act of 1869 without re-enacting these clauses, arrangements with creditors outside the law of bankruptcy became common, and in order to legalize and regulate these arrangements, the (English) Deeds of Arrangement Act, 1887, was passed and amended in 1890 by 53 & 54 Vict. c. 24. The law has now been consolidated by the (English) Deeds of Arrangement Act, 1914 (4 & 5 Geo. 5, c. 47), which repeals the Act of 1887, and also parts of the Bankruptcy and (English) Deeds of Arrangement Act, 1913, and contains practically the whole statute law on the subject. The Act is divided into five parts: (1) defining the deeds of arrangement...


As against, as between

As against, as between, these words contrast the relative position of two persons with a tacit reference to a different relationship between one of them and a third person. For instance, the temporary bailee of a chattel is entitled to it, as between himself and a stranger, or as against a stranger; reference being made by this form of words to the rights of the bailor....


Jural relation between parties

Jural relation between parties, means legal relation-ship between parties with reference to their rights and obligations, Prabhakaran v. M. Azhagiri Pillai, AIR 2006 SC 1567: (2006) 4 SCC 484: (2006) 5 JT 57: (2006) 3 SCALE 235: (2006) 3 Supreme 245: (2006) 3 SLT 134: (2006) 4 SCJ 80: (2006) 4 SCJD 188: (2006) 5 SRJ 193.Means legal relationship between parties with refer-ence to their rights and obligations, Prabhakaran v. M. Azhagiri Pillai, (2006) 4 SCC 484....


Between

In the space which separates betwixt as New York is between Boston and Philadelphia...


Go between

A negotiator who acts as a link between parties an intermediate agent a broker a procurer sometimes in a disparaging sense...


in between

being neither at the beginning nor at the end in a series or time sequence as adolescence is an awkward in between age...


Subject to suitable agreement being arranged between your solicitor and mine

Subject to suitable agreement being arranged between your solicitor and mine, means that the execution of a suitable agreement or suitable agreements in a form approved by the solicitors on both sides is a condition of any concluded bargain, Lockett v. Norman Wright, 1925 Ch 56....


Trade Union

Trade Union. The Acts 30 & 31 Vict. cc. 8, 74, provided for facilitating the proceedings of a commission appointed by Queen Victoria to inquire into and report on the organization and rules of trade unions, and other associations of employers and workmen. The (English) Trade Union Act, 1871 (34 & 35 Vict. c. 31), provides:-S. 2. 'The purposes of any trade union shall not, by reason merely that they are in restraint of trade, be deemed to be unlawful, so as to render any member of such trade union liable to criminal prosecution for conspiracy or otherwise.'S. 3. 'The purposes of any trade union shall not, by reason merely that they are in restraint of trade, be unlawful so as to render void or voidable any agreement or trust.'S. 4. 'Nothing in this Act shall enable any court to entertain any legal proceeding instituted with the object of directly enforcing or recovering damages for breach of any of the following agreements, namely,(1) Any agreement between members of a trade union as su...


Industrial dispute

Industrial dispute, means any dispute or difference between employers and employers, or between employers and workmen, or between workmen and workmen, which is connected with the employment or non-employment or the terms of employment or with the conditions of labour, of any persons. [Industrial Disputes Act, 1947, s. 2 (k)]The words 'Industrial disputes' in the Industrial Disputes Act include also disputes that might arise between municipalities and their employees in branches of work that can be said to be analogous to the carrying out of a trade or business, D.N. Banerjee v. P.R. Mukherjee, AIR 1953 SC 59: (1953) SCR 302. [Constitution of India Sch VII, List III, Entry 22]A dispute between an employer and single workman does not fall within the definition of Industrial dispute' under the U.P. Industrial Disputes Act, 1947. But though the applicability of the Act to an individual dispute as opposed to dispute involving a group of workmen is excluded, if the workmen as a body or a con...


spread

spread 1 a : the difference between any two prices for similar articles [the between the list price and the market price of an article] b : the difference between the highest and lowest prices of a product or security for a given period c : the difference between bid and asked prices (as of a stock) 2 a : a simultaneous put option and call option in which the put price and the call price differ so that no profit is made unless the price falls below or rises above the put or call price respectively by more than enough to cover the cost of the option ;also : the difference between the put price and call price b : a transaction in which a participant hedges with simultaneous long and short options in different commodities or different delivery dates in the same commodity 3 : an arbitrage transaction operated by buying and selling simultaneously in two markets when there is an abnormal difference in price between the two markets ;also : the difference in price 4 : the differenc...


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