Skip to content

Such Assets - Law Dictionary Search Results

Research workspace

Save terms and build your research trail

A free trial unlocks notes, tags, search history, and the full AI Studio desk for judgment research.

Current assets

Matched in: Term Current assets

Securitisation

Securitisation, means acquisition of financial assets by any securitisation company or reconstruction company from any originator, whether by raising of funds by such securitisation

Occupancy

comes to him by reason of special occupancy of an estate of inheritance pur autre vie (q.v.) as assets by descent (as in the case of freehold land, in fee-simple); and should there be no special occupant

Keep your definitions linked to case research

nonperforming asset

nonperforming asset an asset such as a mortgage that is not currently accruing interest or which interest is not being

Quick-asset ratio

Quick-asset ratio, means the ratio between an entity's current or liquid assets (such as cash and accounts receivable) and its current liabilities. Also termed quick ratio; acid-test ratio, Black's Law

Liquidator

which such sanction is not required. The duties of a liquidator are to collect, administer, and distribute the assets, having regard to the direction of creditors and contributories, and subject to the requirements of the Act. He

Asset reconstruction

in any financial assistance for the purpose of realisation of such financial assistance. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2 (1) (b)]

Misprision

is misprision of treason, the bare knowledge and concealment of treason without any degree of assent, for any asset makes the party a principal; as the concealment, construed to be aiding and abetting, did at the Common

Distribution, Statute of

that title), to at least 500 out of the real and personal assets of the intestate, or if such assets did not amount to 500, then to the whole of his estate, as against the next-of-kin.

Default

creditor in accordance with the directions or guidelines issued by the Reserve Bank. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2 (1) (j)]

  • Last »

Try the research workspace - 7 days free


AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial