Call

Call in Europe

Definition of Call

A demand upon the holder of partly paid up shares in a company for payment of the balance, or an instalment of it, by the company itself, or, if the company is in liquidation, by the liquidator. Callisher v. . Bischoffsheim
((1870), L. K. 5 Q. B. 449). Held, that a forbearance to sue, as in a compromise, is valuable consideration, if the party bona fide believes he has a cause of action

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Notice

Definition of Call is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.

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