Compulsory transfer meaning

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August undefined, 2024

WebA description of the circumstances in which a person ceases to be an employee of a company. In a corporate context, such term often appears in a compulsory transfer provision within a company's articles of association.The categorisation of a person as either a good leaver or a bad leaver will often determine the price at which they are required to … Webcompulsory transfer for 2 years, unless there are exceptional circumstances. A teacher who has been compulsorily transferred from a school has the right to return to that school should a vacancy arise within 12 months of the transfer, provided that the requirements of the Job Description and Person Specification

Compulsory - definition of compulsory by The Free Dictionary

Webcompulsory transfer for 2 years, unless there are exceptional circumstances. A teacher who has been compulsorily transferred from a school has the right to return to that … WebBased on the following definition-"a tax is a nonpenal yet compulsory transfer remitted for the public good," the following is a tax: A penalty for failure to file a return on time. A city sewer payment. A five percent state tax calculated on federal taxable income. An … leathers with style by texian leathers

Bad leaver compulsory transfer provisions in articles - Dentons

WebDefine compulsory transfer of business. means the process by which all or part of the assets and liabilities of reporting entity one become the assets and liabilities of reporting entity two pursuant to the meaning given by Part 4 of the Financial Sector (Business Transfer and Group Restructure) Act 1999; Webtransport: [verb] to transfer or convey from one place to another. Web1 day ago · Compulsory definition: If something is compulsory , you must do it or accept it, because it is the law or... Meaning, pronunciation, translations and examples how to draw and ear

Compulsory definition and meaning Collins English Dictionary

mandatory transfer meaning - Legal definition - World Law …

Webcompulsory transfer. Definition in the dictionary English. compulsory transfer. Examples Stem. Match all exact any words . The Commission’s exemption option will in practice … WebMar 6, 2024 · Compulsory transfer. Frequently, it will be agreed that an employee shareholder is obliged to sell his or her shares to the company or other shareholders when he or she leaves the company (and becomes a Leaver). ... Also, the tax implications will impacted by the terms on which the shares are issued, the circumstances of any … how to draw and cut with cricut makerWebRelated to Compulsory Transfer Notice. Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer. Transfer Notice means the notice of a proposed transfer of Shares described in Section 8. Buy-Sell Notice shall have the meaning set forth in Section 10.4 (b). leatherswithstyle.com

"WebJan 2, 2012 · A compulsory purchase order (CPO) allows certain bodies which need to obtain land or property to do so without the consent of the owner. It may be enforced if a … " - Compulsory transfer meaning

Compulsory transfer meaning

Compulsory purchase orders and time limits - Pinsent Masons

WebThe parties agree: 1 Definitions and interpretation 1.1 In this Agreement, unless the context otherwise requires the following expressions shall have the following meanings: [A … WebCompulsory definition, required; mandatory; obligatory: compulsory education. See more.

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WebDefinitions of mandatory transfer. a transfer which is compulsory or required, often transfers which are required under the shareholder' agreement upon the occurrence of particular events such as insolvency (=inability to pay debts as they fall due) or change of control of a shareholder. Shareholder agreements typically have provisions for ... Webcompulsory definition: 1. If something is compulsory, you must do it because of a rule or law: 2. If something is…. Learn more.

WebWhen a person initiates preauthorized electronic fund transfers to a consumer's account at least once every 60 days, the account-holding financial institution shall provide notice to the consumer by: (i) Positive notice. Providing oral or written notice of the transfer within two business days after the transfer occurs; or. (ii) Negative notice. WebDefine Compulsory Transfer Notice. has the meaning set out in clause 4.2(B)

WebCompulsory Transfer Event means, in respect of a Shareholder, an event listed in clause 2 (a) of Schedule Four. If a Compulsory Transfer Event occurs in respect of a … Webother compulsory transfers imposed by government units, property income derived from the ownership of assets, sales of goods and services, and voluntary transfers received from other units. 5.2 Tax revenue , which forms the dominant share of revenue for many government units, is composed of compulsory transfers to the general government sec-tor.

WebSample 1. Consent Required for Transfer. Except as otherwise provided herein, Tenant agrees that it shall not assign, sublet, mortgage, hypothecate, or encumber this Lease, …

WebNov 8, 2012 · The meaning of COMPULSORY is mandatory, enforced. How to use compulsory in a sentence. how to draw and ice cream unicornWebOct 25, 2024 · Background. A bad leaver provision in a company's articles requires a shareholder who is also an employee to transfer their shares for less than their market value when they cease to hold office or employment with the company. A penalty is a secondary obligation which, in the event of a breach of a primary obligation under the … how to draw and eyeWebdefinition. Policy transfer means the transfer by a transferring insurer, and the assumption by an assuming insurer, of all rights, obligations, and liabilities of the transferring insurer … leather switch bagWebOct 23, 2024 · Signia took steps to enforce the compulsory transfer leaver provisions in the company’s articles. It asserted that D was a bad leaver under these provisions and therefore obliged to sell her shares in the company for a value significantly below market value. ... It found that, on the facts, D fell within the definition of a bad leaver under ... leathers with styleWebDefinitions of mandatory transfer. a transfer which is compulsory or required, often transfers which are required under the shareholder' agreement upon the occurrence of … leather swivel armchair ikea how to draw and label a cellWebDefine Complex Transfer. means the transfer or relocation of a third-party Attachment or Overlash onto an NBU Utility Pole that will require cutting and splicing of a … how to draw and measure bearings