Preference - Page 4 - Law Dictionary

Preferred work

Preferred work, means any work which is taken up for implementation on a priority basis under a scheme. [National Rural Employment Guarantee Act, 2005 (42 of 2005), s. 2(k)]...

Cathedral preferments, all deaneries, archdeaconries, and canonries, and generally all dignities and officers in any cathedral or collegiate church, below the rank of a bishop. Consult Stephens on the clergy....

Preferableness

The quality or state of being preferable...

cumulative preferred stock

cumulative preferred stock see stock ...

preferred stock

preferred stock see stock ...

Pari passu

Pari passu [Lat.], means 'with equal steps, equally, without preference' (Jowitts's Dictionary, Vol. II, 1959 Edn., p. 1294), International Coach Builders Ltd. v. Karnataka State Financial Corporation, (2003) 10 SCC 482 (493).With equal step, equally, without preference.The lexical meaning of the Latin word pari passu is -- at an equal rate or pace, with simultaneous progress, proportionately etc. This term is generally used in the context of creditors who, in marshalling assets, are entitled to receive out of the same fund without any precedence over each other, N.D. Jayal v. Union of India, (2004) 9 SCC 362 (389).Mean 'By an equal progress; equably, ratably; without preference, Narmada Bachao Andolan v. Union of India, (2005) 4 SCC 32....

Exhausted paper

Exhausted paper, means a ballot paper on which no further preference is recorded for a continuing candidate; provided that a paper shall be deemed to be exhausted in any case in which--(a) the names of two or more candidates whether continuing or not are marked with the same figure, and are next in order of preference; or(b) the name of the candidate next in order of preference whether continuing or not, is marked by a number not following consecutively after some other number on the ballot paper or by two or more numbers, Dhara Singh v. District Judge, AIR 1968 SC 227: (1968) 1 SCR 243....

preferential

preferential 1 : of or constituting a preference [a transfer] 2 : giving preference to union members esp. in hiring [a shop] 3 : showing preference [these creditors may obtain treatment] ...

stock

stock 1 a : the equipment, materials, or supplies of a business b : a store or supply accumulated ;esp : the inventory of the goods of a merchant or manufacturer 2 : the ownership element in a corporation usually divided into shares and represented by transferable certificates ;also : the certificate evidencing ownership of one or more shares of stock capital stock 1 : the stock that a corporation may issue under its charter including both common and preferred stock 2 : the outstanding shares of a joint stock company considered as an aggregate 3 : capitalization common stock : a class of stock whose holders share in company profits (as through dividends) on a pro rata basis, may vote for directors and on important matters such as mergers, and may have limited access to information not publicly available cumulative preferred stock : preferred stock whose holders are entitled to the payment of cumulative dividends as well as current dividends before common stockholders are ...

Indictment

Indictment [fr. indico, Lat., to show], a written accusation against one or more persons of a crime formerly preferred to and presented upon oath by a grand jury. Grand juries were partly abolished by the Administration of Justice (Miscellaneous Pro-visions) Act, 1933 (23 & 24 Geo. 5, c. 36). The bill of indictment is now preferred by any person before a court in which a person charged may lawfully be indicted, and the proper officer shall, if the requirements have been complied with, sign the bill and it shall thereupon become an indictment. But bills of indictment may be preferred before grand juries of the Counties of London and Middlesex by virtue of certain enactments set out in the 1st Schedule (high treason and certain other offences tribal in the King's Bench Division). Indictments were of a highly technical character until simplified by the Indictments Act, 1915, which directs that the particulars of the offence shall be 'set out in ordinary language.' See also Indictments Pro...

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