Property Company - Law Dictionary Search Results
Disposition of company property
Matched in: Term Disposition of company property
Disposition of the company's property
Matched in: Term Disposition of the company's property
Winding-up
persons having claims upon it. The term is most frequently applied to the winding-up of joint-stock companies. The property of a company is collected and distributed firstly in discharge of its liabilities, and secondly, among its members
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Unclaimed property
Matched in: Term Unclaimed property
Shares in public undertakings
Shares in public undertakings. Where the property is vested by charter or Act of Parliament in a body corporate, the shares of the individual corporators … the profits. See now UNDIVIDED SHARES. Shares are limited in number, each share being indivisible and, in a company having a share capital, must have a distinctive number. Such companies and companies limited by guarantee and having
Transfer
the same in some one else though not falling within the ordinary meaning of the phrase 'transfer of property' would be 'transfers' within the meaning of the term as used in ss. 4 and 5, Jagdish v. … See DEED. By the Companies Act, 1929, s. 62, shares or other interest of any member in a company shall be personal estate transferable in manner provided by the Articles of the company, and under s. 63
Liquidator
provide security to the satisfaction of the Board of Trade. His duties comprise the collection of the company's property, and this property or any part of it may vest in him on his application. He may bring
Debenture
of the company or not. The charge created by debentures as a rule is fixed on the company's property or by way of floating charge. If fixed, the remedies upon default are those available to mortgagees and
Foreign company
Matched in: Term Foreign company
trust
trust 1 a : a fiduciary relationship in which one party holds legal title to another's property for the benefit of a party who holds equitable title to the property b : an entity resulting … trust compare testamentary trust in this entry investment trust : a business trust that is a closed-end investment company involuntary trust : implied trust in this entry ;esp : constructive trust in this entry irrevocable trust :
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