Outside Director - Law Dictionary Search Results
outside director
Matched in: Term outside director
Business names
the (English) Companies (Particulars as to Directors) Act, 1917, to certain limited companies registered in England or incorporated outside Great Britain and all carrying on business here as money-lending companies and obliges them to disclose the names, … Companies Act, 1929, s. 145, which applies and extends the provisions of the (English) Companies (Particulars as to Directors) Act, 1917, to certain limited companies registered in England or incorporated outside Great Britain and all carrying on
Director
Matched in: Term Director
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audit committee
audit committee : a corporate committee made up of usually outside directors who review audits and evaluations of the corporation and its officers … audit committee : a corporate committee made up of usually outside directors who review audits and evaluations of the corporation and its officers
Ultra vires
that a contract by the directors of a company incorporated under the Companies Act, 1862, if it be outside the Memorandum of Association, neither binds the company nor can be made binding upon it by ratification. See … Co. v. Riche, (1875) LR 7 HL 653, where the Houseof Lords held that a contract by the directors of a company incorporated under the Companies Act, 1862, if it be outside the Memorandum of Association, neither
Resident in India
sojourn in foreign parts. To hold that the prohibition under the Act does not extend to acts done outside India by residents of India must inevitably lead to large-scale evasion of the Act resulting in its object … The expression 'resident in India' is clearly used in the sense 'resident of India', Shanti Prasad Jain v. Director of Enforcement, AIR 1962 SC 1764 (1778): (1963) 2 SCR 297. [Foreign Exchange Regulation Act, (7 of 1947),
Foreign company
Foreign company. Every Company incorporated outside the United Kingdom, which has a place of business in the United Kingdom, has to comply with certain … of companies of a copy or translation of the instrument and regulations constituting the company, a list of directors with the statutory particulars and the names and addresses of one or more residents in Great Britain for
Chose
the validity of equitable assignments in any way, and there may still be a good equitable assignment quite outside the statute, William Brandt's Son v. Dunlop Rubber, 1905 AC 454; but see Performing Right Society v. London … 1862 (see now s. 191 (2) of the (English) Companies Act, 1929), included claims in a winding-up against directors for misfeasance. Part of a debt is not assignable in law under this enactment but the assignee of
Person
incorpoated or not. (Indian Penal Code, 1860, s. 11) Person includes an individual, whether resident in India or outside India, a Hindu undivided family, Co-operative Society, a Company, whether incorporated in India or outside India, a firm, … AIR 2006 AP 12. 'Person' includes company or association or body of persons, see Standard Chatered Bank v. Directorate of Enforcement, AIR 2005 SC 2622. 'Person', Person includes any company, Fidelity Industries Ltd. v. State, (2006) 129
Company
having any limit on the liability of its members (in this Act termed an 'unlimited company'). Companies incorporated outside Great Britain which carry on business within Great Britain are subject to Part XI. (ss. 343-353) of the … Companies Act, 1929, of companies not formed under that Act, see ss. 321-336 ibid. Consult Palmer; See ASSOCIATION; DIRECTORS; FOREIGN COMPANY; PRIVATE COMPANY; SUBSIDIARY COMPANY; STANNARY. Company means-- (i) any Indian company, or (ii) any association, whether
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