Surety Company - Law Dictionary Search Results
surety company
Matched in: Term surety company
company
Matched in: Term company
Sponsor
Sponsor, a surety; one who makes a promise or gives security for another, particularly a godfather in baptism. Means any person … Means any person holding not less than ten per cent of the paid-up equity capital of a securitisation company or reconstruction company. [Securitisa-tion and Reconstruction of Financial Assets and Enforcements of Security Interest Act, 2002 (54 of
Keep your definitions linked to case research
Contribution
compelled to pay the money, or to perform any other obligation for which they all became bound; the surety who has paid the whole, being entitled to receive contribution from all the others, or from the solvent … 1894 AC 318), or a special right of action existed by statute, as by s. 37 of the Companies Act, 1929; but see LAW REFORM. In equity, however, there may be contribution as between trustees who have
bond
a crime) with the condition that failure to perform or abstain will obligate the person or often a surety to pay a sum of money or will result in the forfeiture of money put up by the … 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
Bond
a crime) with the condition that failure to perform or abstain will obligate the person or often a surety to pay a sum of money or will result in the forfeiture of money put up by the … 'bond' is also used to denote an acknowledgement of indebtedness for a loan obtained by a Government or company. Bonds contain provisions as to interest until repayment of the principal. 'Bonds to Bearer' pass by simple delivery
Undertaking
2 Mad LJ (SC) 6: 15 Fac LR 411: 16 Law Rep 140. Undertaking, denotes, with reference to company law, all the assets of the company past present and future, and is a mortgageable interest being commonly … Milajkar v. Telecom Dist. Manager, (2003) 4 SCC 27 (38). 1. A promise, pledge, or engagement; 2. A bail bond, Black's Law Dictionary, 7th Edn., p. 1528.
- ‹ Prev
- Next ›
Try the research workspace - 7 days free