Vest - Law Dictionary Search Results

Shebaitship

Shebaitship, property dedicated to an idol vests in it in an ideal sense only; ex necessitas, the possession and management has to be entrusted to

the (English) Act of 1925 also provides for the appointment of additional trustees. S. 40 provides for the vesting of the trust property in the new trustees by a declaration in the deed of appointment or, deeds

Passive trust

if eventually no estate, or a less estate, were actually wanted, the legal ownership remained wholly or partially vested in the trustee as a merely passive trustee, 1 Hayes' Conv. By the Law of Property Act, 1925,

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Lancaster

of assize within the county, and all processes and indictments to be in his name. It is later vested in the Crown. It has a separate Chancery Court, the procedure of which is regulated by Acts of

Assent of personal representatives

representatives, At Common Law the personal estate passing by the will of a deceased person, including chattels real vested in the executor, virtute officii. The property passed to the legatee as soon as the executors assented to

Advancement

child and a stranger will be held an advancement for the child to the extent of the interest vested in him, the stranger, however, holding the interest vested in him in trust for the parent. The presumption

Workman

in excess of Rs. 500 per month or if he performs managerial functions by reason of a power vested in him or by the nature of duties attached to his office, All India Reserve Bank Employees' Association

Title

as to registered interests; 3. That all the particular estates either were determined before 1926, or if no vesting deed, trust for sale, probate or grant of administration, vesting or order has been executed or granted or

interest

use and benefit of property [a beneficial interest in the trust] contingent interest : a future interest whose vesting is dependent upon the occurrence or nonoccurrence of a future event compare vested interest in this entry controlling

remainder

remainder that share goes to the other or others executory remainder : contingent remainder in this entry remainder vested subject to open : a vested remainder that is subject to diminution by the shares of other remaindermen

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