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Sundry Creditors is a 1953 novel by the British writer Nigel Balchin. [1] A Midlands engineering company is inherited from his elder brother by a ruthless businessmen who attempts to seize total control and alienates almost everybody he encounters.
The first party is called the creditor, which is the lender of property, service, or money. Creditors can be broadly divided into two categories: secured and unsecured. A secured creditor has a security or charge over some or all of the debtor's assets, to provide reassurance (thus to secure him) of ultimate repayment of the debt owed to him ...
The convention of disclosure requires that all material facts must be disclosed in the financial statements.For example, in the case of sundry debtors, not only the total amount of sundry debtors should be disclosed, but also the amount of good and secured debtors, the amount of good but unsecured debtors and amount of doubtful debts should be stated.
The counterparty is called a creditor. When the counterpart of this debt arrangement is a bank, the debtor is more often referred to as a borrower. If X borrowed money from their bank, X is the debtor and the bank is the creditor. If X puts money in the bank, X is the creditor and the bank is the debtor. It is not a crime to fail to pay a debt.
Marshalling is an equitable doctrine applied in the context of lending. It was described by Lord Hoffmann as: [A] principle for doing equity between two or more creditors, each of whom are owed debts by the same debtor, but one of whom can enforce his claim against more than one security or fund and the other can resort to only one.
Marathi is considered a split ergative language, [7] i.e. it uses both nominative-accusative and ergative-absolutive alignment. In the latter type, the subject of a transitive verb takes the ergative marking (identical to that of the instrumental case [ 11 ] ) instead of having the same form as the subject of an intransitive verb.
Akhil Bharatiya Marathi Sahitya Sammelan (All India Marathi Literary Conference) is an annual conference for literary discussions by Marathi writers. Marathi is the official language of Maharashtra State. The first Marathi Sahitya Sammelan was held in Pune in 1878 under the chairmanship of Justice Mahadev Govind Ranade.
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