Trustee - Law Dictionary Search Results
Assignee, or Assign
property devolves upon an executor merely in virtue of his appointment as such. Assignees in bankruptcy (now called trustees, see BANKRUPTCY) are those persons in whom the property of a bankrupt vests by virtue of their appointment.
Bailment
made the assertion that 'bailment is predominantly a tortious relation' (page 36), and the two are fundamentally similar, Trustees of the Port of Bombay v. Premier Automobiles Ltd., (1981) 1 SCC 228 (234-235): AIR 1981 SC 1982:
Beddoe order
Beddoe order, means leave granted to trustees by the court so as to enable them to sue or defend and to be reimbursed out of
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Bounty of Queen Anne
first-fruits and tenths (see those titles) which belonged to the English Crown was transferred by Queen Anne to trustees for ever, called 'Governors,' to form a perpetual fund for the augmentation of the maintenance of the poor
Carries on business
the transactions must ordinarily be entered into with a profit motive, State of Tamil Nadu v. Board of Trustees of the Port of Madras, (1999) 4 SCC 630. Means business carried on by a corporation at a
Charge and discharge
of taking accounts in Chancery, Daniell's Chancery Practice, 2nd Edn. In Scotland the accounts of the intromissions of trustees are commonly called Accounts of charge and discharge. Equity Practice, court ordered account filing by a plaintiff and
Enlargement or abridgement of time
appeal is included in application for enlargement or abridge-ment of time, C.I.T., Bombay City v. R.H. Pandit, Managing Trustees of Trust, Bombay (1974) 2 SCC 627: AIR 1974 SC 2269: (1975) 2 SCR 7.
Charities, or Public Trusts
from income tax. By the (English) Charitable Trusts Act, 1925 (15 & 16 Geo. 5, c. 27), the Trustees or Charitable Funds have become incorporated. See Tyssen's Charitable Bequests, 2nd Edn., and preceding title.
Charity Commissioners
be literally or beneficially complied with; to investigate the accounts of charitable trusts; to sanction proceedings by the trustees and give them advice, and many other powers. There are, however, certain institutions exempted from their jurisdiction, e.g.,
Comptroller in bankruptcy
under the repealed Bankruptcy Act, 1869, ss. 55-58, for the purpose of receiving and examining the accounts of trustees.
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