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It is also possible the user abandoned the account to start a new one. This can occur if the user wishes to have a clean start, has forgotten their password, or has forgotten the name of the account. An account can be created for the sole purpose of sockpuppetry—the disallowed use of multiple accounts at the same time. A sockpuppet may ...
In the United Kingdom, a dormant company is a company whose transactions have been limited to payment for shares taken by subscribers to the memorandum of association, fees paid to the Registrar of Companies for a change of company name, the re-registration of a company, filing a confirmation statement and payment made in respect of civil penalties imposed by the Registrar of Companies for ...
If there remains a positive dormant balance in a clients trust account at the end of a matter, the client is entitled to the return of that trust money as soon as practicable. In 2012 South Australian Law Society director of Professional Standards, Ros Burke, advised practitioners that they could use the Unclaimed Money Act to clear the balance.
Wikipedia is a multilingual project; as such, we may have articles on one subject available in many languages.The various languages each appear in semi-separate wikis, linked by interlanguage links.
If a bank declines to pay a cheque, it must promptly return the cheque to the person who deposited it or presented it to be cashed. In general, a bank can only pay out of the account on which it was drawn, and cannot draw on any other account that the customer may have at the bank, unless expressly instructed to the contrary.
The sides are reversed images of those used in double entry system.The left-hand side is known as ‘Jama' (Credit) and the right-hand side is known as 'Udhar' (Debit).
A demat account is an Indian term for a dematerialized account that holds financial securities (equity or debt) digitally for traded shares in the share market. In India, demat accounts are maintained by two depository organizations: the National Securities Depository Limited and the Central Depository Services Limited .