set-off


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set-off

n
(Printing, Lithography & Bookbinding) printing a fault in which ink is transferred from a heavily inked or undried printed sheet to the sheet next to it in a pile. Also called (esp Brit): offset
References in periodicals archive ?
According to highly-placed sources aware of the matter, as many as 15 ISIS affiliates have set-off in a white boat from Sri Lanka towards Indian islands of Lakshadweep and Minicoy.
The relation between a bank and its customer is of such a nature that it gives the right to the bank to set-off the customer's debit and credit balances irrespective of the type of his accounts.
HiQ International AB (STO:HIQ), a provider of digital technology and communication solutions, announced on Wednesday the resolution by its board of directors to issue new shares against set-off for payment of additional payment in relation to an earlier completed acquisition.
In the 2009 decision Caisse populaire Desjardins de l'Est de Drummond v Canada, (2) Rothstein J, on behalf of a majority of the Supreme Court of Canada (SCC), acknowledged, by extension, (3) that a transaction incorporating or prominently featuring a right of set-off may create a security interest under the Personal Property Security Act (4) ("PPSA").
A loss was incurred by the firm, but the tax authorities have not permitted set-off and carry forward of the loss on the ground that these are speculative transactions.
Also, a prospectus required for carrying out the final registration of the recent set-off issue has been filed with and approved by the Swedish Financial Supervisory Authority (SFSA).
Please send your questions by e-mail to: leges@qatar.net.qa * LEGAL SYSTEM IN QATAR A set-off takes place, whatever may be the sources of the debts, except in cases where one of the two obligations consists of a thing of which the owner has been unjustly deprived, and is the object of a claim for restitution; where one of the two debts consists of a thing that has been deposited or lent for use or is the object of a claim for restitution; where one of the two debts is a right which is not liable to attachment; and where one of the two debts is payable in respect of alimony.
It was mentioned in the report that the matter revolves around the Maharashtra government changing rules for VAT set-off, which normally is offered as a fixed incentive against new investments in the state.
According to sources in the auto industry, the government offered these mega projects the opportunity to claim double VAT set-off benefits.
Set-off. Standard & Poor's examines the risk of borrower set-off in all balance sheet CDO transactions, regardless of whether the transfer of loans is structured as a participation or an outright assignment.
The interplay between apportionment of fault and the set-off analysis in multiple tortfeasor litigation has grown complicated and increasingly important in predicting a defendant's share of the verdict (or potential verdict in evaluating cases).
This decision will help define the ability of banks to exercise their rights of set-off against the accounts of a customer who is in bankruptcy.