Trust Company - Law Dictionary Search Results
Land charge
not (a) protected by a deposit of deeds, or (b) arising from or affecting an interest under a trust for sale or Settlement, or (c) included in another class of land charge; (iv) estate contracts (q.v.). The … jurisdiction of a district registry, such as Yorkshire, and registered there, and mortgages and charges registered under the Companies Act, 1929. (ii) Limited or statutory owner's charges. (iii) Every equitable charge which is not (a) protected by
Custodian trustee
of appointing new trustees, but the only persons eligible are the Public Trustee, or some banking or insurance company or other body corporate entitled by the rules made under the Act to act as custodian trustee, e.g., … Custodian trustee, a trustee appointed under the Public Tustee Act, 1906, s. 4, to hav the custody as distinct from
Managing agency
Managing agency, Managing agency is itself a business, J.K. Trust v. Commissioner of Income Tax/Excess Profits Tax, AIR 1957 SC 846: (1958) SCR 65. [Income Tax Act, 1922, … Act, 1922, s. 4 (3)] It includes-- (i) Secretaries and Treasurers; (ii) Where the managing agent is a company, and director of such company, and any member thereof who holds substantial interest in such company. (iii) Where
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Creditor
no next of kin, or the next of kin will not. And see BANKRUPTCY, ADMINISTRATION OF ASSETS, and COMPANY. (ii) includes a decree-holder, 'debt' includes a judg-ment-debt, and 'debtor' includes a judgement-debtor. [Provincial Insolvency Act, 1920, s. … Creditor [Lat.], one who trusts or gives credit, correlative to debtor. A creditor is entitled to take out letters of administration if there
Debenture stock
The debt or series of debts collectively represented by a series of debentures a debt secured by a trust deed of property for the benefit of the holders of shares in the debt or of a series … of much debenture stock the holders are not entitled to demand payment until the winding up of the company or default in payment in the case of railway debentures they cannot demand payment of the principal and
County Courts
and wife as to the title to or possession of property, either party, or any such corpoation or company as therein mentioned, may apply in a summary way to any judge of the High Court or (at … all actions by creditors or legtees for administration of the estate of a deceased person,or for execution of trusts,or for redemption of a mortgage, or for specific performance of an agreement for sale or lease of property,
Chancery
of Chancery had exclusive statutory jurisdiction (except County Court appeals), of these, the jurisdiction under the (English) Charitable Trusts Acts, 1853-1869, is practically the only portion nw remaining, the other jurisdictions having become exercisable under subsequent legislation. … estates; wardship of infants and care of their estates and many other matters assigned by Statute, e.g., (English) Companies (Companies Act, 1929), Law of Property (Settled Land and Trustee) Acts, 1925, (English) Land Registration Act, 1925, Life
Cause of action
but not the evidence except in certain cases where the pleading relied on any misrepresentation, fraud, breach of trust, wilful default or undue influence, Liverpool & London S.P. & I Assocn. v. M.V. Sea Success, (2004) 9 … section 9 or under section 11 of the Act (Arbitration and Conciliation Act, 1996); Indian Iron and Steel Company Ltd. Kolkata v. Tiwari Roadlines, Hyderabad, AIR 2006 AP 1. Means every fact which it is necessary to
Bank
(by loan, overdraft) and other transactions such as the discounting of bills, dealing in foreign exchange, United Dominions Trust Ltd. v. Kinkwood, (1966) 2 QB 451. The national banks are now: (1) the Bank of England, regulated … it. Special provisions are contained in the (English) Companies Act, 1929 relating to Banks. By s. 358, no company, association or partnership consisting of more than ten members shall be formed for the purpose of carrying on
Scrivener
Notaries Act, 1801, no person can become a notary within the limits of the jurisdiction of the Incorporated Company of Scriveners of London, unless a freeman. See NOTARY. … business of receiving men's money and investing it for them when he should find a proper opportunity, being trusted as a banker in the meantime, died out about the middle of the eighteenth century. He was subjected
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