Official Assignees - Law Dictionary Search Results
Home Dictionary Name: official assigneesOfficial assignees
Official assignees, certain persons from the class of merchants or accountants who were appointed by the Lord Chancellor under the Bankruptcy Acts, 1849 and 1861, to act in bankruptcies; one of whom must have been an assignee of the bankrupt's estate and effects, together with the assignee or assignees chosen by the creditors. All the personal estate, the profits of the realty, and the proceeds of all such estates as were sold were received by such official assignees alone, and paid into the Bank of England to the credit of the Accountant in Bankruptcy. these officials cease to exist under the system of bank-ruptcy introduced in 1869 but the 'Official Receivers' established by the Act of 1883 greatly resemble them....
Assignee, or Assign
Assignee, or Assign, a person appointed by another to do any act or perform any business; also a person who takes some right, title, or interest in things by an assignment from an assignor. They are divided into: (1) assignees by deed, as when a lessee of a term assigns it to another; and (2) assignees by law, as when property devolves upon an executor merely in virtue of his appointment as such. Assignees in bankruptcy (now called trustees, see BANKRUPTCY) are those persons in whom the property of a bankrupt vests by virtue of their appointment. (3) includes an assignee of the assignee and the legal representative of a deceased assignee and references to the assignee of any person include references to the assignee of the legal representative or assignee of that person. [Patents Act, 1970 (39 of 1970), s. 2 (1) (ab)]...
Assignee
Assignee, means one to whom property rights or powers are transferred by another use of the term is so widespread that it is difficult to ascribe positive meaning to it with any specification. Courts recognize the protean nature of the term and are therefore often forced to look to the intent of the assignor and assignee in making the assignment, rather than to the formality of the use of the term assignee in defining rights and responsibilities, Black Law Dictionary 7th Edn., p. 114....
Assignee ad interim
Assignee ad interim, is an assignee appointed between the time of bankruptcy and appointment of a regular assignee, Black Law Dictionary 7th Edn., p. 114....
Income
Income, s. 4 of the Income-tax Act, defines the 'total income' to include all income, profits and gains from whatever source deprived. The definition of 'income' in Shaw Wallace & Co. case, 1932 (59) IA 206, as a periodical monetary return coming in with some sort of regularity, or expected regularity, from definite sources must be read with reference to the peculiar facts of that case. Money received 'under consequential loss policies, were income within the meaning of s. 2(6c) of the Income Tax Act, Raghuvanshi Mills Ltd. v. Commissioner of Income Tax, AIR 1953 SC 4: (1953) SCR 177.Income connotes a periodical monetary return 'coming in' with some sort of regularity, or expected regularity from definite sources, E.D. Sassoon and Co. Ltd. v. Commissioner of Income Tax, AIR 1954 SC 470: (1955) 1 SCR 313.The expression 'income' in entry 54 of List I of the Seventh Schedule to the Government of India Act, 1935, and the corresponding entry 82 of List 1 of the Seventh Schedule to the Const...
Provisional assignees
Provisional assignees, those who (under a former system of the bankruptcy law) were appointed under fiats in bankruptcy in the country to take charge of bankrupts' estates, etc., until the creditors' assignees were appointed....
assignee
assignee : a person to whom a right or property is transferred ...
Official act or duty
Official act or duty, 'official' according to dictionary, means pertaining to an office. And official act or official duty means an act or duty done by an officer in his official capacity, State of Maharashtra v. Budhikota Subbarao, (1993) 3 SCC 339: (1993) 2 SCR 329....
Official secrets
Official secrets. The (English) Official Secrets Act, 1889, was the first Act aimed at the prevention of the disclosure of official secrets. This Act was repealed and re-enacted with amendments by the (English) Official Secrets Act, 1911, which has been amended by the (English) Official Secrets Act, 1920. It is made an offence to spy in a 'prohibited place,' or wrongfully to communicate codes, plans, models, documents, or information relating to such a place, or to munitions of war, or which are used in such a place. There are special provisions as to arrest, the harbouring of spies, and the issue of search warrants. A Secretary of State may require the production of any document relating to a telegram or cable or wireless message. Every person who carries on the business of receiving letters, postal packets, or telegrams for other persons must be registered with the police and keep a record of the letters, etc., passing through his hands, and must not give up a letter, etc., unless a ...
Officiating continuously in a senior post
Officiating continuously in a senior post, the ex-pression 'officiated continuously in a senior post' in Rule 3(3)(b) of the Seniority Rules is to be constructed to mean holding a senior post on officiating basis prior to substantive appointment on such senior post. Since a person cannot be treated as officiating on a post after he has been substantively appointed on that post, the said expression cannot be construed as referring to the period of officiation subsequent to the date of substantive appointment, O.S. Singh v. Union of India, (1996) 7 SCC 37 (44). [I.P.S. (Regulation of Seniority) Rules, 1954]...
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