Sponte Oblata - Law Dictionary Search Results

Home Dictionary Name: sponte oblata

Sponte oblata

Sponte oblata, a free gift or present to the Crown...

sua sponte [Latin, of its own accord] : on the court's own motion or initiative [authorize the court to order a new trial sua sponte "J. H. Friedenthal et al."] [the court's sua sponte dismissal] ...

Nova oblata

Nova oblata. See OBLATA....

Oblata

Oblata, gifts or offerings made to the king by any of his subjects. In the Exchequer it signified old debts, brought as it were together from precedent years, and put on the present sheriff's charge, Jac. Law Dict....

Oblata terr'

Oblata terr', half an acre, or, as some say, half a perch of land, Spelm....

Share and debenture

Share and debenture, 'Share' has been defined in s. 2(46) of the Companies Act to mean a share in the share capital of a company which in turn would mean that it would represent contribution of the shareholder towards the share capital of the company. On the other hand, a debenture is an instrument of debt executed by the company acknowledging its receipt to repay the same at a specified rate and also carrying an interest. It is in sum and substance a certificate of loan or a bond evidencing the fact that the company is liable to pay a specified amount with interest and although the money raised by the debentures becomes a part of the company's capital structure yet it does not become a share capital. In any event, a debenture would not come within the purview of the definition of goods, inasmuch as, although the shares and stocks are included in the definition of goods but debentures are not, R.D. Goyal v. Reliance Industries Ltd., (2003) 1 SCC 81 (89).Sponte virum fugiens mulier et a...

Magna Carta

Magna Carta, [Latin 'great charter'] The English charter that King John granted to the barons in 1215 and Henry III and Edward I later confirmed. It is generally regarded as one of the great common-law documents and as the foundation of constitution liberties. The other three great charters of English Liberty are the Petition of Right (3 Car. (1628)), the Habeas Corpus Act (31 Car. 2 (1679)), and the Bill of Rights (1 Will. SM. (1689)). Also spelled Magna charta, Black's Law Dictionary, 7th Edn., p. 963.This Great Charter is based substantially upon the Saxon Common Law, which flourished in this kingdom until the Normaninvasion consolidated the system of feudality, still the great characteristic of the principles of real property. The barons assembled at St.Edmund's Bury, in Suffolk, in the later part of the year 1214, and there solemnly swore upon the high alter to withdraw their allegiance from the Crown, and openly rebel, unless King John confirmed by a formal charter the ancient li...

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