Personal Liability - Law Dictionary Search Results
Landlord and tenant
otherwise touching and concerning the thing demised; they are not bound by privity of estate by their predecessor's personal undertakings which do not affect the premises comprised in the lease, although, of course, if the assignee has … title), and Jones v. Phillips and Green, (1925) 1 KB 659, as to the difference between the landlord's liability to repair under the Housing Act of 1925, and a tenant's undertaking to keep and leave in good
Capital account transaction
Capital account transaction, means a transaction which alters the assets or liabilities, including contingent liabilities, outside India of persons resident in India or assets or liabilities in India of persons resident outside India, and includes transactions referred … Capital account transaction, means a transaction which alters the assets or liabilities, including contingent liabilities, outside India of persons resident in India or assets or liabilities in India of persons
Valuable security
be, a document whereby any legal right is created, extended, transferred, restricted, extinguished or released, or whereby any person acknowledges that he lies under legal liability, or has not a certain legal right, see also. [Dowry Prohibition
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Audit
not be protected by Articles against liability for loss except by their own default. As to an auditor's personal liability for failure of duty, see Leeds Estate Building & Investment Co. v. Shepherd, (1887) 36 CD 787; Re
Due course of law
upon the subject matter of the suit or proceeding; and, if that involves merely a determination of the personal liability of the defendant, it must be brought within its jurisdiction by service of process within the State, or
Absolute liability
Matched in: Term Absolute liability
Joint-stock Banks
Acts, which makes registration under it compulsory in the case of a partnership consisting of more than ten persons. It is believed that the liability of the shareholders in chartered banks is in most if not in
liability insurance
Matched in: Term liability insurance
Employer
a contract of service or apprenticeship, means such other person while the workman is working for him. [Employers' Liability Act, 1938, s. 2 (b); Also see Workmen's Compensation Act, 1923 (4 of 1936), s. 2 (1) (e)] … Employer, means (i) a company; (ii) a firm; (iii) an association of persons or a body of individuals, whether incorporated or not, but excluding any fund or trust or institution eligible
defense
b : a basis upon which an obligor of a negotiable instrument may avoid liability under the instrument personal defense : a defense of an obligor under a negotiable instrument that can be asserted against anyone but
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