Search results
People also ask
What does the term 'ostensible owner' mean?
How to transfer property by ostensible owner?
Who is ostensible owner of immovable property?
Can a person with ostensible ownership claim a property?
3 days ago · In applying this standard, Courts must make a distinction between the “ostensible purpose”, that is, the purpose which is claimed by the State and the “real purpose”, the purpose identified by Courts based on the available material such as a reading of the provision; and. b.
1 day ago · Facts: There was an ostensible owner, with the consent of the real owner to deal with the property. He sold it to a third party. – Judgment: On the facts of this case, the Privy Council held that where a man holds himself out as the owner with the consent of the real owner, a transfer by such a man would be good against the real owner if the transferee has acted in good faith and after taking reasonable care.
2 days ago · Meaning Of ESOP (Employee Stock Ownership Plan) Section 2(37) of the Companies Act 2013 defines the term ESOPs. It is a right granted to the directors, employees, or officers of a company, its holding or subsidiary company to purchase, enjoy, or subscribe for the shares of the company at a prescribed price on a pre-determined date.
3 days ago · In a transfer by an ostensible owner, the real owner is estopped from challenging the transfer, while in a transfer by an unauthorised person, the transferor is compelled to perfect the transfer once they acquire the necessary interest in the property.
3 days ago · Employee ownership schemes encompass arrangements where employees hold a share in the ownership or benefits of a company. These arrangements can vary based on company contributions, employee participation, and the structural setup of the ownership. Below are the common types of employee ownership plans: ESOPs are a popular type of employee ...
3 days ago · Explanation I. – For the purpose of this clause, if an individual does not hold any right or entitlement indirectly under sub-clauses (i), (ii) or (iii), he shall not be considered to be a significant beneficial owner.
1 day ago · The authors are grateful to Joe Clougherty, Javier Gimeno, Aseem Kaul, Maciej Workiewicz, Tieying Yu, Maggie Zhou, Editor Tobias Kretschmer, and three anonymous reviewers along with seminar participants at the Nova School of Business and Economics, Singapore Management University, the University of Illinois at Urbana–Champaign, and the University of Michigan for their valuable comments and suggestions.
