Trust Company - Law Dictionary Search Results
Estoppel
implication of 'promissory estoppel' is yet to be spelled out, Turner Morrison and Co. Ltd. v. Hungerford Investment Trust Ltd., (1972) 1 SCC 857: AIR 1972 SC 1311: (1972) 3 SCR 711. Estoppel is but a rule … a principal or some one authorized to bind him, consequently the certification of shares which is not a company's certificate that the person named therein is registered as the holder of the shares in the register of
Corporation or body politic
See, however, Hirst v. West Riding Bank Ltd., (1901) 2 KB 560, and cases there cited. See also TRUST; CORPORATION. A corporation has only one capacity, namely, the corporate capacity. On an analysis it would appear that … U.D.C., (1924) 1 KB 87; and by the Companies Act, 1929, s. 29, a contract made by a company must be under seal if required to be under seal between private persons, or signed, if signature only
Audit
Act, 1868 (31 & 32 Vict. c. 119), by s. 11 dispensing in the case of a railway company with the necessity, under s.101 of the Act of 1845, of the auditors being shareholders, and by s. … (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
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Abstract of title
statutory power of disposal, and in equity every purchaser taking property with notice (qu. vide) of any estate, trust, incumbrance, or interest affecting it took the property subject thereto, but legislation and the practice of conveyancers have … mortgage, the solicitor of the vendor prepares the abstract at his client's expense (except on sales to a company under the Lands Clauses Act, 1845, s. 22, when it must be borne by the company, unless it
Support
324. The word 'support' will have to mean sustenance or maintenance, Municipal Corporation of Delhi v. Children Book Trust, AIR 1992 SC 1456: (1992) 3 SCC 390. [Delhi Municipal Corporation Act, 1957 (66 of 1957), s. 115(4)(a), … same, and a power to let down the surface must be expressly granted in a lease, Warwickshire Coal Company v. Coventry Corporation, 1934 Ch 488. As to the right of support for buildings, see, further, the leading
Fraud
over others; such are transactions between parent and child, attorney and client, principal and agent, guardian and ward, trustee and cestui que trust, partners, etc. Others are of a mixed character, combining the ingredients of the preceding … Patrick v. Lyon, 1933 Ch 786, it was held that an offence under s. 275 of the (English) Companies Act, 1929, required a proof of fraud while a contravention of the law under s. 265 did not
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 … it speaks for itself, as in the case of a railway collision between trains owned by the same company, Carpue v. London, Brighton, and South Coast Railway Co., (1844) 5 QB 747] Master and Servant.--A master is
Property
assets, but the organisation, liabilities and obligations of a going concern as a unit. Undertaking of a banking company is property, R.C. Cooper v. Union of India, AIR 1970 SC 564: 1970 (2) SCC 248. (See also … wife any property to which she is entitled for an estate in remainder or reversion or as a trustee, executrix or administratix; and the date of the death of the testator or intestate shall be deemed to
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