Juridical Dictionary

This dictionary contains:
8526
juridical terms

Extraordinary resolution






Extraordinary resolution

A resolution passed by a majority of not less than three-fourths of such members as vote in person or where proxies are allowed, by proxy, at a general meeting of the company of which notice specifying the intention to propose the resolution as an extraordinary resolution has been given. Extraordinary resolutions are required where it is desired to wind up a company voluntarily on the ground that it cannot by reason of its liabilities continue its business, and that it is advisable to wind up; where, in the case of a member`s voluntary winding up, the books and papers of the company and of the liquidators are to be disposed of; and where, in the case of a member`s voluntary winding up, the liquidator wishes to exercise the power to pay any classes of creditors in full and to enter into certain compromises.

RELATED TERMS
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Resolution
1) A solemn judgment or decision of a court. This word is frequently used in this sense, in Coke and some of the more ancient reporters. It also signifies an agreement to a law or other thing adopted by a legislature or popular assembly. 2) Civil law. The act by which a contract which existed and was good, is rendered null.

Majority
1) Persons. The state or condition of a person who has arrived at full age. He is then said to be a major, in opposition to minor, which is his condition during infancy. 2) Government. The greater number of the voters; though in another sense, it means the greater number of votes given in which sense it is a mere plurality.

Members
English law. Places where a custom-house has been kept of old time, with officers or deputies in attendance; and they are lawful places of exportation or importation.

Vote
Suffrage; the voice of an individual in making a choice by many. The total number of voices given at an election; as, the presidential vote.

Person
This word is applied to men, women and children, who are called natural persons.

Proxy
A person, appointed in the place of another, to represent him.

General
1) A principal officer, particularly in the army. 2) Something opposed to special; as, a general verdict, the general issue, which expressions are used in contradistinction to special verdict, special issue. 3) Principal, as the general post office. 4) Not select, as a general ship. 5) Not particular, as a general custom. 5) Not limited, as general jurisdiction. 7) This word is sometimes annexed or prefixed to other words to express or limit the extent of their signification; as Attorney General, Solicitor General, the General Assembly.

Company
An association of a number of individuals for the purpose of carrying on some legitimate business.

Notice
The information given of some act done, or the interpellation by which some act is required to be done. It also signifies, simply, knowledge; as A had notice that B was a slave.

Intention
A design, resolve, or determination of the mind.

Reason
By reason is usually understood that power by which we distinguish truth from falsehood, and right from wrong; and by which we are enabled to combine means for the attainment of particular ends

Continue
The act of postponing a scheduled court hearing to a later time.

Case
1) Practice. A contested question before a court of justicea suit or action a cause. 2) An agreement in writing, between a plaintiff and defendant, that the facts in dispute between them are as there agreed upon and mentioned

Voluntary
Willingly; done with one's consent; negligently.

Books
Commerce, accounts. Merchants, traders, and other persons, who are desirous of understanding their affairs, and of explaining them when necessary, keep, 1. a day book; 2. a journal; 3. a ledger; 4. a letter book; 5. an invoice book; 6. a cash book; 7. a bill book; 8. a bank book; and 9. a cheek book. The reader is referred to these several articles

Liquidator
The liquidator is the person, other than the Official Receiver, responsible for dealing with the winding up of a company.

Power
This is either inherent or derivative. The former is the right, ability, or faculty of doing something, without receiving that right, ability, or faculty from another. The people have the power to establish a form of govemment, or to change one already established. A father has the legal power to chastise his son; a master, his apprentice.



SIMILAR TERMS
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Extra viam
Out of the way. When, in an action of trespass, the defendant pleads a right of way, the defendant may reply extra viam, that the trespass was committed beyond the way, or make a new assignment.

Extra-dotal property
In Louisiana this term is used to designate that property which forms no part of the dowry of a woman, and which is also called paraphernal property.

Extract
A part of a writing. In general this is not evidence, because the whole of the writing may explain the part extracted, so as to give it a different sense; but sometimes extracts from public books are evidence, as the extracts from the registers of births, marriages and burials, kept according to law, when the whole of the matter has been extracted which relates to the cause or matter in issue.

Extradition
The arrest and delivery of a fugitive wanted for a crime committed in another country, usually under the terms of a extradition treaty.

Extrajudicial
That which does not belong to the judge or his jurisdiction, notwithstanding which he takes. cognizance of it. Extrajudicial judgments and acts are absolutely void.

Extraordinary general meeting
Any meeting of the shareholders other than an annual general meeting is known as an Extraordinary General Meeting. The length of notice depends on the nature of the resolutions being put to the meeting.

Extraordinary writ
A writ, often issued by an appellate court, making available remedies not regularly within the powers of lower courts. They include writs of habeas corpus, mandamus, prohibition and quo warranto

Extravagantes
Canon law. This is the name given to the constitutions of the popes posterior to the Clementines; they are thus called quasi vagantes extra corpus juris, to express that they were out of the canonical law, which at first contained only the decrees of Gratian; afterwards the decretals of Gregory IX., the sexte of Boniface. VIII., the Clementines, and at last the extravagantes were added to it.

Extremis
When a person is sick beyond the hope of recovery, and near death, he is said to be in extremism.

Extrinsic evidence
External evidence, or that which is not contained in the body of an agreement, contract, and the like.



PREVIOUS AND NEXT TERMS
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Extract
A part of a writing. In general this is not evidence, because the whole of the writing may explain the part extracted, so as to give it a different sense; but sometimes extracts from public books are evidence, as the extracts from the registers of births, marriages and burials, kept according to law, when the whole of the matter has been extracted which relates to the cause or matter in issue.

Extradition
The arrest and delivery of a fugitive wanted for a crime committed in another country, usually under the terms of a extradition treaty.

Extra-dotal property
In Louisiana this term is used to designate that property which forms no part of the dowry of a woman, and which is also called paraphernal property.

Extrajudicial
That which does not belong to the judge or his jurisdiction, notwithstanding which he takes. cognizance of it. Extrajudicial judgments and acts are absolutely void.

Extraordinary general meeting
Any meeting of the shareholders other than an annual general meeting is known as an Extraordinary General Meeting. The length of notice depends on the nature of the resolutions being put to the meeting.

Extraordinary resolution

Extraordinary writ
A writ, often issued by an appellate court, making available remedies not regularly within the powers of lower courts. They include writs of habeas corpus, mandamus, prohibition and quo warranto

Extravagantes
Canon law. This is the name given to the constitutions of the popes posterior to the Clementines; they are thus called quasi vagantes extra corpus juris, to express that they were out of the canonical law, which at first contained only the decrees of Gratian; afterwards the decretals of Gregory IX., the sexte of Boniface. VIII., the Clementines, and at last the extravagantes were added to it.

Extremis
When a person is sick beyond the hope of recovery, and near death, he is said to be in extremism.

Extrinsic evidence
External evidence, or that which is not contained in the body of an agreement, contract, and the like.

Ey
A watery place; water.

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This dictionary contains 8526 terms.