Shareholder - Law Dictionary Search Results
Home Dictionary Name: shareholder Page: 3Holder of a share
Holder of a share, the words 'holder of a share' are really equal to the word 'shareholder', and the expression 'holder of a share' denotes, in so far as the company is concerned, only a person who, as a shareholder, has his name entered on the register of members, Howrah Trading Co. v. I.T. Commissioner, AIR 1959 SC 775 (779). (Companies Act, 1913, Table A, Reg. 18)...
Dividend
Dividend, a share, the part allotted in division; the interest paid on the public funds; the share of profits of a company payable to each shareholder (see Articles 89 to 96 of Table A to Companies Act, 1929, and ss. 120-123 of the Companies Clauses Consolidation Act, 1845); a distributive share of a bankrupt's estate or on the winding-up of the company, of its assets.As to the liability upon a company in respect of a dividend when the warrant for it, having been duly posted, is lost in the post, see Thairlwal v. G.N. Ry., (1910) 2 KB 509l.Dividend means the share of the subscriber in the amount of discount available under the chit agreement for rateable distribution among the subscribers at each instalment of chit. [Chit Funds Act, (40 of 1982), s. 2(h)]Dividend, is a share of profits, whether at a fixed rate or otherwise, allocated to the holders of shares in a company, Henry v. Great Northern Rly. Co., (1857) 1 De G&J 606.'Dividend' in its ordinary connotations means the sum paid to...
distribution
distribution 1 : the act or process of distributing: as a : the apportionment by a court of the property and esp. personal property of an intestate among those entitled to it according to statute compare descent, devise NOTE: The laws dealing with intestate succession are often called laws of descent and distribution. b : the payment or transfer to a beneficiary of interest to which he or she is entitled under a trust c : the transfer by a corporation or mutual fund of money or property to a shareholder in his or her capacity as a shareholder d : the initial offering to the public of a security by a corporation e : the delivery of a controlled substance 2 : something distributed dis·tri·bu·tive [di-stri-by-tiv] adj ...
freezeout
freezeout : a corporate action (as a merger) taken by those in control of the corporation (as controlling shareholders or the board of directors) for the purpose of causing the minority shareholders to lose their equity in the corporation (as by the sale of their shares) compare squeezeout ...
cash out
cash out 1 : to prematurely redeem the securities of (a holder) often as part of a merger [the merging company will cash out the minority shareholders] 2 a : to accept payment for (a security) in full often unwillingly [the shareholders were required to cash out their shares] b : to dispose of (one's goods or assets) by sale [cashed out his investment] cash-out n ...
director
director 1 : the head of an organized group or administrative unit or agency 2 : any of a group of persons usually elected by shareholders and entrusted with the overall control of a corporation NOTE: Directors owe a fiduciary duty to the shareholders in the exercise of their powers. Directors have the power to appoint and dismiss officers, declare and pay dividends on stock, initiate major corporate actions such as mergers or dissolution, and determine other matters affecting the corporation. di·rec·tor·ship n ...
squeezeout
squeezeout : a corporate action or series of actions (as a refusal to declare dividends or the restricting of decision-making power in corporate governance) through which majority shareholders deprive minority shareholders of the benefit of stock ownership usually as part of an attempt to force sale of minority shares compare freezeout NOTE: Freezeout and squeezeout are sometimes used as synonyms. ...
oppression
oppression : an unjust or excessive exercise of power: as a : unlawful, wrongful, or corrupt exercise of authority by a public official acting under color of authority that causes a person harm b : dishonest, unfair, wrongful, or burdensome conduct by corporate directors or majority shareholders that entitles minority shareholders to compel involuntary dissolution of the corporation c : inequality of bargaining power resulting in one party's lack of ability to negotiate or exercise meaningful choice see also unconscionability op·pres·sive [ə-pre-siv] adj ...
s corporation
s corporation A small business corporation with a limited number of shareholders. Its major significance is the fact that an S corporation usually avoids corporate income tax. Corporate losses can be claimed by the shareholders. Source: FindLaw ...
split-up
split-up : a transfer by a corporation of all its assets in complete liquidation to two or more subsidiaries that involves the surrender of all stock by the shareholders in exchange for new stock in the transferee corporations : a D reorganization involving a distribution of the stock of two or more subsidiaries to the shareholders who in return surrender all their stock in the distributing corporation compare spin-off, split-off ...
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