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Insurance

the insurer, in consideration of a certain premium received by him in a gross sum or by annual payments, undertakes to indemnify the assured against all loss or damage to houses or other buildings, stock, goods, and

Merger

estate. It is the drowning of one estate in another, and differs from suspension, which is but a partial extinguishment for a time; while extinguishment, properly so termed, is the destruction of a collateral thing in the … Act, 1925, which enacts that, subject to the above rule in equity, a mortgage term when discharged by payment shall become a satisfied term and shall cease; and consult Coote on Mortgages, 8th Edn. pp. 1455 et

Loan societies

societies, institutions established by the purpose of advancing money on loan to the industrial classes, and receiving back payment for the same by instalments, with interest. They are exempt from the provisions of the Money Lenders Act, … generally wholly at one time is called a loan. If the customer repays the same either wholly or partially and wishes to have accommodation subsequently, the latter will be treated as a separate transaction to be entered

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Copyhold

1935 these incidents became extinguished automatically unless the Minister of Agriculture extend the time, but a right to partial compensation for loss of profits or rights accruing before 1936 is still available. Unless and until the manorial … to his share. Joint tenants and coparceners pay a single fine for all. The practice as to the payment of the fine on the admittance of joint tenants in this: two years' value is paid for the

Lease

of a lease are: 1. the parties 2. the subject matter, or immovable property 3. the demise, or partial transfer 4. the term, or period 5. the consideration, or rent, Puran Singh Sahni v. Sundari Bhagwandas, (1991) … pp. 9 et seq.); he to whom the property is granted, the lessee. The consideration is usually the payment of a rent or other annual recompense. The ancient operative words were 'demise, lease, and to farm let,'

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