Liquidation - Law Dictionary Search Results
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The 125th and 126th sections of the (English) Bankruptcy Act, 1869, which repealed an Act of 1861, allowed liquidation by arrangement and composition with creditors by resolutions passed at similar representative meetings to take the place of
By way of specific charge
fasten on the subject of the charge within its reach and grasp, Spectrum Plus Ltd. (in re:) (in Liquidation), (2004) LR 337 (CA): (2004) EWHC 9: (2004) EWCA Civ 670
Consideration
(1980) 3 All ER 95. May be a customs agent or forwarding agent who is insolvent or in liquidation. Or a consignee may be a bank, the directors of which might well refuse to embark on costly
Keep your definitions linked to case research
Floating charge
Lord Macnaghten. The charge becomes fixed and enforceable by the charges as soon as the company goes into liquidation, even for the purpose of reconstruction [Crompton & Co., 1914, 1 Ch 954]. Under the (English) Companies Act,
Year previous
s. 2(6A)(c) of the Income Tax Act, 1922 was meant the financial year preceding the year in which liquidation took place, Dhandhania Kedia and Co. v. CIT, AIR 1959 SC 219 (222): (1959) Supp 1 SCR 204.
Net-worth
in fact the market value of assets which gives the 'current worth' becomes a relevant factor when in liquidation the question has to be considered whether the company possesses assets which would be sufficient to meet all
Previous year
s. 2(6A)(c) of the Income Tax Act, 1922 was meant the financial years preceding the year in which liquidation took place. Dhandhania Kedia and Co. v Commissioner of Income Tax, AIR 1959 SC 219 (221): (1959) Supp
Reliqua
p. 1294. Reliqua, the remainder or debt which a person finds himself debtor in upon the balancing or liquidation of an account. Hence reliquary, the debtor of a reliqua; as also a person who only pays piecemeal.
Reliquidation
A second or renewed liquidation a renewed adjustment
Liquor
understood in India at the time of the Government of India Act, 1935, covered not only those alcoholic liquids which are generally used for beverage purposes and produce intoxication, but also all liquids containing alcohol, the definition
- ‹ Prev
- 7
- 8
- 9
- 10
- 11
- 13
- 14
- 15
- 16
- 17
- Next ›
- Last »
Try the research workspace - 7 days free