The Partnership Act - Law Dictionary Search Results
Charging order
any statute of limitations. See Cordery on Solicitors; Atkinson on Solicitors' Lien. Partners.--Under s. 23 of the (English) Partnership Act, 1890, separate judgment creditors of a partner may obtain an order charging his interest in the partnership property:
Designated fixed 'capital account
to a partnership, means an account (1) which is prepared and designated as such under the terms of the partnership agreement; (2) which shows capital contributed by the partners; (3) from which, under the terms of the agreement, … any person replacing him as their partner; or (b) the partnership is otherwise dissolved or wound up, Banking Act, 1987, s. 67(4) (UK) Halsbury's Laws of England 3(1), para 123, p. 106.
Duly constituted according to law
Act of Parliament of under letter patent or under some constitution ejusdem generis. It is doubtful whether a partnership of less than 20 persons constituted merely by the consensual agreement of the partners can be regarded as
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domestic partnerships
domestic partnerships Legal recognition of unmarried homosexual couples and heterosexual couples, offered by some state and local governments. Domestic partnerships … persons -- including the right to share health insurance coverage, and rights under the Family and Medical Leave Act (FMLA).
Goodwill
of the business, Ramnik Vallabhdas Madhwani v. Taraben Pravinlal Madhwani, (2004) 1 SCC 407: AIR 2004 SC 1084 (Partnership Act, 1932, s. 55). A business's reputation, patronage, and other intan-gible assets that are considered when apprising the business,
Collective mark
services of members of an association of persons [not being a partnership within the meaning of the Indian Partnership Act, 1932 (9 of 1932) which is the proprietor of the mark from those of others. [Trade Marks Act,
company
company pl: -nies : an association of persons for carrying on a commercial or industrial enterprise compare corporation, partnership finance company : a company that makes usually small short-term loans to individuals growth company : a company … company : an unincorporated company formed under applicable state statute whose members cannot be held liable for the acts, debts, or obligations of the company and that may elect to be taxed as a partnership mu·tu·al company
County Courts
the (English) Trustee Relief Acts,or Trustee Acts, or relating to the maintenance of infants,or for the dissolution of partnership, or for relief against fraud or mistake, provided ineach of these actions that the subject-matter does not exceed … been established throughout England. They were first established in 1846 by 9 & 10 Vict. c. 95, 'the Act for the more easy recovery of Small Debts and Demands in England,' repealed and re-enacted with fourteen amending
Holding out
the loss which the creditor has thereby suffered [see Christopher, Ex parte Harris, (1816) 1 Madd 583]. See Partnership Act, 1890, s. 3, and PARTNERSHIP.
Joint-stock Banks
Act, 1929, in substitution for previous Acts, which makes registration under it compulsory in the case of a partnership consisting of more than ten persons. It is believed that the liability of the shareholders in chartered banks
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