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Mortmain

Trade Unions may, by the (English) Trade Union Act, 1871, s. 7, hold only one acre of land, and Societies to promote Art, Science, Religion or like purposes not involving the acquisition of gain registered under the (English) … 1891 (54 & 55 Vict. c. 73), in the manner pointed out under the title CHARITABLE USES AND TRUSTS. in regard to assurances of land or personalty or enactments declaring a charitable use executed after 1925, alterations

Joint-tenancy

title to the whole estate without the concurrence of other parties. that legal estate has been vested in trustees for sale as joint-tenants in the following cases, in joint-tenancy, estates in common or undivided shares, and coparceners;

Actuarial Societies

Matched in: Term Actuarial Societies

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Debt

assignment is absolute and in writing, where express written notice of the assignment is given to the debtor, trustee, or other person from whom the assignor would have been entitled to claim such a debt [(English) Law

Loss or injury

means any damages or wrong. It means 'invasion of any legally protected interest of another', Consumer Unity & Trust Society v. Chairman & Managing Director, Bank of Baroda, (1995) 2 SCC 150 (153).

Negligence

claim to be compensated under this Sub-s. must cause some loss or injury to him, Consumer Unity & Trust Society v. Bank of Baroda, (1995) 2 SCC 150 (153). (ii) 'Negligence' is the omission to do something

Charitable uses and trusts

Charitable uses and trusts. 9 Geo. 2, c. 26, commonly called 'The Mortmain Act,' 1735, after reciting that ifts or alienations of

Consumer

in spite of the commercial activity, whether a person would fall within the definition of consumer, Kalpavruksha Charitable Trust v. Toshniwal Brothers (Bombay) Pvt. Ltd., (2000) 1 SCC 512. Means someone who concludes a contract for a

Audit

as to setting aside his certificate, Thacker v. Elder, 1899 AC 451. See COMPANY. The accounts of friendly societies are audited under the (English) Friendly Societies Act, 1896, s. 26, and these regulations are applied to shop … (10 Geo. 4, c. 56); and those of Savings Banks under s. 4, para 6, of the (English) Trustee Savings Banks Act, 1863, and s. 1 of the Savings Banks Act, 1904. By s. 13 of the

Education

The process of training and developing the knowledge, skill, mind and character of students by formal schooling, Sole Trustee, Loka Shikshana Trust v. Commissioner of Income Tax, (1976) 1 SCC 254: AIR 1976 SC 10: (1976) 1

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