Interest - Law Dictionary Search Results
Home Dictionary Name: interest Page: 4Company in which the public are substantially interested
Company in which the public are substantially interested, the public is beneficially interested in 25 per cent. of the voting power, Shree Changdeo Sugar Mills Ltd. v. Commissioner of Income Tax, AIR 1961 SC 1154: (1961) 2 SCR 990.A company would be deemed to be one in which the public are substantially interested, where more than half the voting power is vested in the public, Commissioner of Income Tax v. Amrutanjan Ltd., AIR 1964 SC 1804: (1964) 8 SCR 9. [Income-tax Act, 1922 s. 23A(1)]...
Interests of the general public
Interests of the general public, is a matter in which a class of the community have a pecuniary or some other interest by which their legal rights or liabilities are affected, Stroud's Judicial Dictionary, Vol. 2, p. 2119.Those interest which concern the public at large, Stroud's Judicial Dictionary, Vol. 2, p. 2367....
Parties interested
Parties interested, the expression 'parties interested' means those who are interested in the result of the suit and they need not be arraigned as defendants or plaintiffs, AIR 1966 J&K 1(7). (Arbitration Act, 1940, s. 21)...
Interested Director
Interested Director, a relationship of friendliness with the Directors who are interested in the contract or arrangement or even the mere fact of a lawyer-client relationship with such directors will not disqualify a person from acting as a Director on the ground of his being, under s. 300(1), an 'interested' Director, Needle Industries (India) Ltd. v. Needle Industries Newey (India) Holdings Ltd., AIR 1981 SC 1298: (1981) 3 SCC 33. [Companies Act, 1956, s. 300]...
Financial interest
Financial interest, in the narrower sense, it implies direct personal benefit of an economic nature. In the wider sense, it may include any interest direct or indirect which a person has in relation to the finances of the undertaking, Mor Modern Coop. Transport Society Ltd. v. Financial Commr. & Secy. To Govt. of Haryana, (2002) 6 SCC 269....
terminable interest
terminable interest see interest ...
vested interest
vested interest see interest ...
working interest
working interest see interest ...
Self interest
Private interest the interest or advantage of ones self...
Arrears of interest
Arrears of interest, means interest due up to the date of decree, I.C. Manick Chand v. Elias Saleh, AIR 1969 SC 671 (673). [Mysore Money Lenders Act, (13 of 1939), s. 17]...
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