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Property Company - Law Dictionary Search Results

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Company

Matched in: Term Company

Bona vacantia

325, and cases there cited. By the (English) Companies Act, 1929, s. 296, the property of a dissolved company including property held on trust for it shall, subject to the provisions of the Act, become bona vacantia. … waifs or estrays (see those titles), which belong to the Crown by virtue of its prerogative. So personal property held on trusts which have failed, or held in trust for a corporation which has been dissolved, belongs

Directors

with very extensive powers, selected to manage the affairs of the company; they are, however, trustees of any property of the company that may have come into their hands, however honestly they may have acted, and can

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Withhold

holding back or keeping back is not an isolated act but is a continuous process by which the property is not returned or restored to the company and the company is deprived of its possession. If the

bond

a high-risk bond that offers a high yield and is often issued to finance the takeover of a company mortgage bond : a bond secured by a mortgage on property compare debenture municipal bond : a bond … court as scheduled attachment bond 1 : a bond given by a plaintiff seeking to attach the defendant's property that ensures payment to the defendant of any damages suffered because of the attachment in the event the

Chancery

and foreclosure of mortgages, raising of portions or other charges on land; sale and distribution of proceeds of property subject to a lien or charge; execution of trusts, charitable or private; rectification, setting aside, or cancelling deeds … estates; wardship of infants and care of their estates and many other matters assigned by Statute, e.g., (English) Companies (Companies Act, 1929), Law of Property (Settled Land and Trustee) Acts, 1925, (English) Land Registration Act, 1925, Life

Reconstruction company

Matched in: Term Reconstruction company

Property

Matched in: Term Property

asset

asset [back-formation from assets, singular, sufficient property to pay debts and legacies, from Anglo-French asetz, from Old French asez enough] 1 : the entire property … asset : an asset allowed by law to be included in determining the financial condition of an insurance company compare nonadmitted asset in this entry appointive asset : an asset in an estate that is to be

Power of Attorney

a caution or other entry on the register, see s. 128, (English) Law of Property Act, 1925. A company can give a power of attorney under s. 31 of the (English) Companies Act, 1929, to execute deeds … of a deed. By ss. 8 and 9 of the (English) Conveyancing Act, 1882, now (English) Law of Property Act, 1925, ss. 126 and 127, powers of attorney may be made irrevocable either absolutely or for a

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