Minimum Subscription - Law Dictionary Search Results
Home Dictionary Name: minimum subscriptionMinimum subscription
Minimum subscription is the minimum cash to be raised by the issue of shares offered to the public for subscription. This must be stated in the prospectus and application sums therefor received before allotment of shares. The amount includes the minimum required, in the opinion of directors, for property to be bought by the proceeds of issue, preliminary expenses, if any repayment of loans for those purposes and working capital; see (English) Companies Act, 1929, s. 39 and 4th Sched...
Minimum wage
Minimum wage. The Trade Boards Act, 1909, established for the first time a minimum wage in certain trades. The (English) Coal Mines (Minimum Wage) Act, 1912, made provision for the settlement of minimum rates of wages for workmen employed underground in coal mines. The principle has been extended to many industries during the war and after, and to agriculture by the Corn Production Act,1917 (repealed). See TRADE BOARDS.In relation to any area, means to minimum wage fixed by the State Government under s. 3 of the Minimum Wages Act, 1948 (11 of 1948) for agricultural labourer as applicable in that area [National Rural Employment Guarantee Act, 2005 (42 of 2005), s. 2(h)]...
Clerical subscription
Clerical subscription. The (English) Clerical Subscription Act, 1865 (28 & 29 Vict. c.122), s. 4, as amended by the Statute Law Revision Act, 1893, enacts that every person about to be ordained priest or deacon shall, before ordination, in the presence of the archbishop or bishop by whom he is about to be ordained, make the following 'Declaration of Assent':I assent to the Thirty-nine Articles of Religion, and to the Book of Common Prayer and of the ordering of Bishops, Priests, and Deacons. I believe the doctrine of the Church of England, as therein set forth, to be agreeable to the word of God; and in public prayer and administration of the Sacraments I will use the form in the said book prescribed, and none other, except so far as shall be ordered by lawful authority.See Articles OF RELIGION; and for an attempt to define 'lawful authority,' see Lely on the Church of England Position, at p. 138.Oaths of allegiance and of canonical obedience to the bishop have also to be taken....
minimum contacts
minimum contacts : the level of a nonresident defendant's connection with or activity in a state that is sufficient under due process to support the assertion of personal jurisdiction under a long-arm statute see also doing business statute, fair play and substantial justice International Shoe Co. v. Washington in the Important Cases section NOTE: In most cases, minimum contacts are shown by continuous and purposeful contact with the state usually for business purposes. Once the minimum contacts requirement is met, the court must determine that the contacts are sufficient so that the assertion of jurisdiction will not offend the traditional notions of fair play and substantial justice. ...
Optima est lex quae minimum relinquit arbitrio judicis, optimus judex qui minimum sibi
Optima est lex quae minimum relinquit arbitrio judicis, optimus judex qui minimum sibi. [* Also termed a 'Speech'] The best law is that which leaves the least to the discretion of the judge, the best judge is he who leaves the least to himself (his own discretion)....
Optima est lex que minimum relinquit arbitrio judicis; optimus judex qui minimum sibi
Optima est lex que minimum relinquit arbitrio judicis; optimus judex qui minimum sibi [Lat.], that law is best which confides as little as possible to the discretion of a judge; that judge the best who trusts as little as possible his own judgment...
alternative minimum tax
alternative minimum tax : a federal tax that prevents a person or entity (as a corporation) with taxable income from avoiding tax liability and that imposes tax liability in the amount of the excess of the tentative minimum tax over regular tax liability see also tax preference item ...
tentative minimum tax
tentative minimum tax : a tax that to the extent it exceeds regular tax liability is the alternative minimum tax liability and that is determined by adjusting taxable income by adding tax preference items under Internal Revenue Code section 57 and subtracting an exemption amount under section 55 ...
subscription
subscription 1 : the act of signing one's name (as in attesting or witnessing a document) 2 : something that is subscribed ;specif : a sum subscribed or pledged [a charitable ] 3 : an agreement to purchase securities (as stocks) of a new issue and esp. of a prospective corporation compare warrant ...
minimum wage
minimum wage : a wage fixed by contract or esp. by law as the least that may be paid either to employees generally or to a particular category of employees compare scale ...
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