Inter Parties - Law Dictionary Search Results
Stake
two or more parties with a third party pending the resolution of dispute, the subject matter of an inter pleader, Black's Law Dictionary, 7th Edn., p. 1412.
Fornication
Fornication [fr. fornix, a brothel, Lat.], the inter-course of a man with a prostitute; the act of incontinency in single persons; if either party be married,
Partnership
to any agreement express or implied between the partners, are laid down by s. 24 for determining the interest of partners in the partnership property and their rights and duties in relation to the partnership. They provide, … registrar must be notified within seven days. As in an ordinary partnership, so in a limited partnership, the parties are to a great extent free to make whatever terms and conditions they please for controlling their actions
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Just and equitable
recognition of the fact that behind it, or amongst it, there are individuals, with rights, expectation and obligation inter se which are not necessarily submerged in the company structure. A. Company H.L.(E) (in re:), (1999) 1 WLR … may, in a given case, be super imposed on law. Whether it would be so done in a particular case cannot be put in the straitjacket of an inflexible formula, Hind Overseas Private Limited v. Raghunath Prasad
Deed
a formal document on paper or parchment duly signed, sealed, and delivered. It is either an indenture (factum inter partes) needing an actual indentation [(English) Real Property Act, 1845 (8 & 9 Vict. c. 106), s. 5], … a 'deed' and not habitually by the word 'indenture.' The requisites of a deed are these:- (1) Sufficient parties and a proper subject of assurance. (2) It must be written, engrossed, printed, or lithographed, or partly written
Judicial power
of necessity have to decide controversies between citizen and the citizen, citizen and the State or the States inter se, whether the rights relate to life, liberty or property. The courts have power and authority to declare … a view to the pronouncement of an authoritative decision as to rights and liabilities of one or more parties, Firm of Mohd. Ali and Sons v. V. Madhavarao, AIR 1964 AP 132 (135). (Code of Civil Procedure,
trust
purpose of making profit and that is usually characterized by some kind of commercial activity, transferable certificates of interest, existence continuing after the death of beneficiaries, limited liability, legal title in the hands of trustees, and officers … the circumstances of a transaction imply the creation of a trust that is not expressly created by the parties and esp. when a trust is necessary to avoid an inequitable result or to prevent fraud individual policy
Property
Sugar Ltd. v. State of Bihar, AIR 2003 SC 3436. Property, in indicative and descriptive of every possible interest which a party can have, State of Manipur v. Nongthombam Ambu Singh, AIR 1957 Manipur 1. Property, in … which are guaranteed and protected by law. It extends to every species of valuable right and interest, more particularly, ownership and exclusive right to a thing, the right to dispose of the thing in every legal way,
Cause of action
are imperative for the suitor to allege and prove constitute the cause of action. It has, been judicially interpreted inter alia to mean that every fact which would be necessary for the plaintiff to prove, if traversed, … bundle of facts which are required to proof for obtaining to relief, Mayor (H.K.) Ltd. v. Owners and Parties Vessel N.B. Fortune Express, (2006) 3 SCC 100. Right to sue. All the facts which are necessary to
Interest
Interest, an interest for the purposes of the regula-tion was not limited to a direct financial interest and included … for the principal or sum lent, at a certain rate or allowance made by law, or agreement of parties. (b) Compound interest is when the arrears of interest of one year are added to the principal and
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