Partners - Law Dictionary Search Results
Constructive trust
benefit for themselves. This doctrine is extended to the renewal of leases by one of several persons or partners jointly interested, by an agent, mortgagor, or mortgagee, or by a person jointly interested with an infant, but,
Contribution
are sometimes compelled to refund and contribute for the payment of debts. In like manner, contribution lies between partners for any excess, which has been paid by one partner beyond his share, if, upon the winding-up of
Cost-book mining companies
shareholders, and the number of shares held by each is set opposite to his name. In a cost-book partnership, a shareholder may get id of his shares, and with them his liabilities, so far as his partners
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Duly constituted according to law
Act of Parliament of under letter patent or under some constitution ejusdem generis. It is doubtful whether a partnership of less than 20 persons constituted merely by the consensual agreement of the partners can be regarded as
Fatuous persons
- in other words, as it relates to the plainiff's cause of action, Rowe v. Turner Hopkins & Partners, (1980) 2 NZLR 550; See also Standard Chartered Bank v. Pakistan Shipping Corpn., (2001) LR (QB) 167 (CA).
Commission, the promoter's
the depreciation of building or equipment, any emoluments payable to the promoter, or, if the promoter is a partnership, to any of the partners, or, if the promoter is a body corporate, to any of the directors,
Fraud
between parent and child, attorney and client, principal and agent, guardian and ward, trustee and cestui que trust, partners, etc. Others are of a mixed character, combining the ingredients of the preceding with others of a peculiar
Part-owners, or co-owners
SHARES. Neither of them can transfer or dispose of the whole property, or act for the others as partners can in relation thereto; each can merely deal with his own share, and to the extent of his
Receiver
are appointed in actions for administration; in actions by mortgages or against trustees or executors; in actions between partners for winding up the partnership business, and in a great many other cases. (2) A mortgagee may also
Gift
dissolution of the firm, the distribu-tion, division or allotment of assets to the partner/s or one of the partners, in terms of dissolution deed, releasing his rights in the assets of the firm for the consideration of
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