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Limited liability

Acts, limited liability means that the members are not liable beyond the unpaid-up part (if any) of the nominal amount of the shares in respect of which they are registered in the books of the company. When … the charters of incorporated banks and insurance companies. Companies Acts.--Under the Companies Acts, limited liability means that the members are not liable beyond the unpaid-up part (if any) of the nominal amount of the shares in respect

Chairman

Speaker, Dictionary of Constitution and Parliamentary Terms, Lok Sabha Secretariate, 2005, p. 44. Chairman, in Lok Sabha, Speaker nominates a panel of not more than six chairmen from amongst the members. Any one of them may preside … 44. Chairman, in Lok Sabha, Speaker nominates a panel of not more than six chairmen from amongst the members. Any one of them may preside over the House in the absence of the Speaker and the Deputy

Chiltern Hundreds

A tract of crown land in Buckinghamshire and Oxfordshire England to which is attached the nominal office of steward As members of Parliament cannot resign when they wish to go out they accept this … of crown land in Buckinghamshire and Oxfordshire England to which is attached the nominal office of steward As members of Parliament cannot resign when they wish to go out they accept this stewardship which legally vacates their

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Collective responsibility

by it without any reservation; it is ensured by the enforcement of principles, namely that no person is nominated to the Council of Ministers except on the advice of the Prime Minister and no person is retained … 'Collective responsibility' has two meanings: the first meaning which can legitimately be ascribed to it is that all members of a government are unanimous in support of its policies and would exhibit that unanimity on public occasions

governor

c : the managing director and usually the principal officer of an institution or organization d : a member of a group that controls or directs an institution [the Federal Reserve System's Board of Governors] gov·er·nor·ship n … an area or group b : an official elected or appointed to act as ruler, chief executive, or nominal head of a political unit ;specif : the chief executive of a U.S. state c : the managing

Council of Legal Education

Council of Legal Education, a body consisting of twenty benchers, five nominated by each of the four Inns of Court, to whom is entrusted the business of superintending the education … business of superintending the education and examination of students inorder to their being called to the Bar. The members remain in office for two years, and each Inn has power to fill up any vacancy that may

Bonded labour system

of his birth in any particular caste or community,- he would- (1) render, by himself for through any member of his family, or any person dependent on him, labour or service to the creditor, or for the … benefit of the creditor, for a specified period or for an unspecified period, either without wages or for nominal wages, or (2) forfeit the freedom of employment or other means of livelihood for a specified period or

Industrial and Provident Societies

'for carrying on any labour, trade, or handicraft, in-cluding the buying or selling of land, of which no member shall claim an interest in the funds exceeding 200l.' This Act was repealed and re-enacted with amend-ment by … consisting of two or more other societies, and amends the law as to the audit of the accounts, nominations, and other matters. See also the Industrial Assurance Act, 1923, which provides safeguards for the poorer classes of

Office of profit

Office of profit, a person who was a Pramukh at the time of filing of nomination papers and who was drawing a honorarium was not holding an office of profit, Umrao Singh v. Yeshwant … corporate with perpetual succession acting within the four corners of the Act. Merely because the committee or the members of the committee are removable by the Government of India or the Committee can make bye-laws prescribing the

Churchwardens

and the meeting, and if they cannot agree, then the meeting is to elect one and the minister nominate the other. By Canon 90 they are to be chosen early in Easter week, and are generally two … to execute the office faithfully. Several persons are, however, exempted from the office, viz., peers of the realm, members of Parliament, sheriffs, acting justices of the peace, clergymen, Roman Catholic clergymen, Dissenting ministers, solicitors, practising physicians and

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