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Investment company

company' was defined in s. 109(i) of the Act as meaning a com-pany whose business consisted wholly or mainly in the dealing in or holding of investments. The statutory percentage in the case of an investment company

Brief

an attorney usually by a law clerk; a formal written presentation of an argument that sets forth the main points with supporting precedents and evidence, Webster's Dictionary of Law, Indian Edn. (2005), p. 60. Means a written

Borrowing members' resolution

Borrowing members' resolution, A resolution is a borrowing members' resolution when it has been passed by a majority of the borrowing members of the building society voting either in person or by proxy on a poll

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Bill

may be introduced either in the House of Commons or in the House of Lords but a great majority are introduced in the lower House; Generally, no Bill involving finance may be introduced in the House of

American Law

A term generally applied to the law of the United States of America which is based, in the main, on the common law of England. The law of Louisiana, however, is derived from the Code Napoleon. Though

Association

If the constitution provides for dissolution by the consent of all the members, the rule of decision by majority is excluded, Ramashankar Kaushik v. Election Commission of India, AIR 1974 SC 445 (453).

Arrangements between debtors and creditors

report thereon. If at the meeting (or by letter received not later than the day before it) a majority in number and three-fourths in value of all the creditors who have proved their debts resolve to accept

Any party bound by the award

it is not necessary that such a group or the union through which it acts should represent the majority of workmen bound by the award, Associated Cement Companies v. Workmen, AIR 1960 SC 777 (781). [Industrial Disputes

Chance

misfortune and chance, and not by design, his will not co-operating with the deed, such act wants one main ingredient of a crime. If an accidental mischief should follow from the performance of a lawful act, the

Cestui que trust

trust, if the trustee fails in his duty, is by an action in the Chancery Division (in the majority of cases instituted by way of an Originating Summons). The phrase cestui que trust is Norman-French. In Roman

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