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Money of account, money of measurement money of payment

be introduced in the Council of States. [Constitution of India, Art. 109(1)] Money Bill, cannot be referred to Joint Committee, Rules of Procedure and Conduct of Business in Lok Sabha, 10th Edn., 2002, r. 74. Money Bill, … of Commons are so reasonably jealous of their privilege of imposing new taxes upon the subject, that they will not suffer the House of Lords to exert any other power but that of rejection: they will not

Copyhold

money's worth. A copyhold estate is a parcel of the demesnes of a manor held at the lord's will, and according to the custom of such manor. The tenant may have the same quantities of interest in … for life, but is forfeited by a second marriage or incontinency. The widow's free-bench is barred by a jointure, whether legal or equitable; or by the alienation of the copyhold lands by the husband, or even by

Ship

than sixty four persons may own a ship as part owners, and not more than five may be joint owners of a ship or shares therein, but a corporation may be registered as owner (s. 5). A … owners have made satisfaction or given security to abide the result of an action. The order, it seems, will be made on the applicant showing that the owners are 'probably liable to pay damages' in respect of

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Bond

13th Edn. P. 277. The benefit passes to the survivors in the case of the death of any joint obligees, (English) L.P. Act, 1925, s. 81, and the receipt of the survivors is sufficient, s. 111, ibid., … of words is necessary to constitute a bond; see Gerrard v. Clowes, (1892) 2 QB 11; Strickland v. Williams, (1899) 1 QB 382. The person giving the bond is called the obligor, and he to whom it

Company

persons associated for purposes of busi-ness, sometimes, but not now so frequently as some years ago, styled a Joint Stock Company. A company has its origin either (1) in a charter, as the Bank of England and … and is as follows:-- 2. (1) Any seven or more persons or where the company to be formed will be a private company, any two or more persons associated for any lawful purpose may, by subscribing their

Personal property

absolutely in the first tenant in tail at his birth. See Re Lord Chesham, (1909) 2 Ch 310. Joint tenancy and tenancy in common may subsist in the case of personal property, though now tenancy in common … life or otherwise as may be agreed. But even inequity personalty which has settled either by deed or will to follow the trusts of an equitable entailed estate inland vested absolutely in the first tenant in tail

property

for the security interest 3 : property transferred to the estate of a decedent after execution of the will common property : property owned or used by more than one party ;specif : property owned or leased … owned or leased by tenants in common compare tenancy in common at tenancy com·mu·ni·ty property : property held jointly by husband and wife ;specif : property esp. from employment and debts acquired by either spouse after marriage

Injunction

granted to restrain the following acts: the publication of letters, for the writer of a letter has a joint property in it with the person to whom it is addressed, the receiver having only a special property … etc. The piracy of a copyright, or the invasion of a patent, can be restrained, and the court will direct an account of the books printed, and the profits made by the infringer. A special injunction may

Flameproof enclosure

Flameproof enclosure, means an enclosure for electrical machinery or apparatus that will withstand, when the covers or other access doors are properly secured, an internal explosion of the inflammable gas … explosion) to the external inflammable gas or vapour in which it is designed to be used, through any joints or other structural openings in the closure. [Indian Electricity Rules, 1956, R. 2 (1) (uu)]

Entireties, tenancy by

by entireties were abolished by the (English) L.P. Act, 1925, 1st Sched. Part VI., and converted to a joint tenancy without affecting the beneficial interest. The property is to be held upon trust for sale (ibid., s. … but under s. 37 of the (English) Law of Properties Act, 1925, the husband, wife and third person will each have equal rights. In some respects this species of tenancy seems to be an exception to the

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