Stated Value - Law Dictionary Search Results
stated value
Matched in: Term stated value
Par
Par, state of equality; equal value. Par value, the face value of a security or share as contrasted with its
Annual value
Matched in: Term Annual value
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valued policy
valued policy : an insurance policy in which the insurer and insured agree on a stated amount that will be paid in the event of a future loss instead of an amount that would … valued policy : an insurance policy in which the insurer and insured agree on a stated amount that will
Salary or wages
not include-- (i) any other allowance which the employee is for the time being entitled to; (ii) the value of any house accommodation or of supply of light, water, medical attendance or other amenity or of any … of sale provides for movement of goods or movement of goods is incident of the contract of sale, State of Maharashtra v. Embee Corporation, (1997) 1 SCC 190. Sale, is a transaction of property in goods or
Capital
into shares. It implies nothing more than that the company is possessed of money or assets of a stated value at the company's own valuation which may be, and often is, exaggerated or illusory. Working capital means the
capitalization
with equitable subordination of creditors or piercing the corporate veil. 4 : the total par value or the stated value of no-par issues of authorized capital stock
Estate duty
duty first levied by the (English) Finance Act, 1894 (57 & 58 Vict. c. 30), upon the principal value of all property, real or personal, settled or not settled, which passes or is deemed to pass on … such rules as may be prescribed by or under laws made by Parliament or the Legislature of a State relating to the duty, of all property passing, upon death or deemed, under the provisions of the said
Person
and a local authority and every artificial juridical person not falling within any of the preceding description. [Maharashtra Value Added Tax Act, 2002, s. 2(17)] Person, includes company or association or body of individuals, whether incorporated or … The word 'person' includes any company or assoia-tion or body of persons whether incorporated or not, Jabbar v. State, AIR 1966 All 590: (1966) Cr LJ 1363. The word 'person' in Order 30 Rule 10 of Code
Adequate consideration
The words 'adequate consideration' clearly postulate that consideration must be capable of being measured in terms of money value having regard to the market price of the property, the value that it may fetch if sold, the … would not apply to a gift, as a gift is a transfer without consideration, Kumari Sonia Bhatia v. State of U.P., AIR 1981 SC 1274: (1981) 2 SCC 585. [Contract Act, 1872, s. 2(b) (9 of 1872)]
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