Void ab initio definition

Void ab initio means null from the beginning, whereas “voidable” is defined as valid until annulled, such as where a contract can be affirmed or rejected. Kim, slip op at 2 n 2.
Sample 1Sample 2
Void ab initio means something was void from the beginning.
Sample 1Sample 2
Void ab initio means “null from the beginning, as from the first moment when a contract is entered into,” whereas “voidable” means “valid until annulled; especially, (of a contract) capable of being affirmed or rejected at the option of one of the parties.” Kim, 825 N.W.2d at 330 n.2 (alterations and internal citations omitted).
Sample 1

Examples of Void ab initio in a sentence

  • If the procedure has not been observed as contained the Agreement the WTO panel shall declare the anti-dumping measures as Void ab initio.

  • Void ab initio because there would inevitably be a gap in seisin.

  • Internet becomes more effective to be used as learning media especially after the emergence of Web 2.0 as a tool for facilitating collaboration on learning.

  • Contract o f sale o f land by minor without court sanction - Presumption o f invalidity - Restitutio in integrum - Void ab initio and voidable - Assisted and unassisted contracts o f minor - Damage, loss or prejudice - laesio enormis.

  • Date :Stamp & Sign of the TendererPlace :(Signature and seal of the Notary) ANNEXURE- VII Government of Gujarat Finance DepartmentGR No: EMD/10/2018/18/DMO Dt.16/04/2018 {A} Guarantees issued by following banks will be accepted as SD/EMD on permanent basis.• All Nationalized Banks including the Public Sector Bank – IDBI Ltd.

  • Void ab initio, no matter the underlying basis, is not a ground for cancellation recognized by Section 14(3).

  • This is why the legal framework which regulates the uptake of GM technology takes into account possible long-term effects on the environment and health, the safety of the food chain, when crops are used for example for the production of pharmaceutical substances, and respect other modes of agricultural production; (5) Improve the implementation of the legislation and its impact on competitiveness.

  • An act of borrowing by the company may be ultra vires (outside the power of) the company or ultra vires the directors or ultra vires the Articles.• Void ab initio borrowings – Where such loan is ultra vires the company, such loan is null and void and does not create an actionable debt.

  • Void ab initio means that the statute is “null from the very beginning.” Black’s Law Dictionary (5th Ed.) The rule has been applied to unconstitutional statutes.

  • Retrieved from http://lawcommissionofindia.nic.in/1-50/Report13.pdf on 12-10-19 It is unfortunate that even more than quarter of a century after the recommendation of the Law Commission the same has not been given effect to.5. Void ab initio: This presupposition is a questionable one.


More Definitions of Void ab initio

Void ab initio means “[n]ull from the beginning[.]” BLACK’S LAW DICTIONARY, at 1604 (8th ed. 2004).supra, “[i]f a creditor acts without knowledge of the bankruptcy in violation of the automatic stay it must affirmatively act immediately to restore the pre-violation status quo.” Id. at *1 (citations omitted).6. In light of the foregoing, the undersigned recommends that this Court find that plaintiff’s action in filing suit against Wainwright violated the automatic stay (albeit, unintentionally) and was, therefore, void ab initio and without effect, United States v. White, supra, such that the citizenship of Wainwright need not be considered in determining whether this Court may exercise diversity jurisdiction, see In re Miller, supra.11 Accordingly, because
Sample 1
Void ab initio means “[n]ull from the beginning.” Black’s Law Dictionary 1064 (8th ed. 2004).
Sample 1Sample 2

Related to Void ab initio

  • Investment Strategy Modification means with respect to an Investment Strategy, the Portfolio Administrator makes operational adjustments to the Investment Strategy to ensure that, so far as possible, the basic principles and economic effect of the Investment Strategy are maintained or any material modification to the Investment Strategy or its implementation by the Portfolio Administrator.

  • Original Agreement has the meaning set forth in the recitals.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Credit Available for Virtual Transactions means the Market Participant’s Working Credit Limit for Virtual Transactions calculated on its credit provided in compliance with its Peak Market Activity requirement plus available credit submitted above that amount, less any unpaid billed and unbilled amounts owed to PJMSettlement, plus any unpaid unbilled amounts owed by PJMSettlement to the Market Participant, less any applicable credit required for Minimum Participation Requirements, FTRs, RPM activity, or other credit requirement determinants as defined in Tariff, Attachment Q.

  • LIBOR Successor Rate Conforming Changes means, with respect to any proposed LIBOR Successor Rate, any conforming changes to the definition of Base Rate, Interest Period, timing and frequency of determining rates and making payments of interest and other administrative matters as may be appropriate, in the discretion of the Administrative Agent, to reflect the adoption of such LIBOR Successor Rate and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent determines that adoption of any portion of such market practice is not administratively feasible or that no market practice for the administration of such LIBOR Successor Rate exists, in such other manner of administration as the Administrative Agent determines in consultation with the Borrower).

  • Existing Agreement has the meaning set forth in the recitals hereto.

  • Total effective dose equivalent (TEDE) means the sum of the deep dose equivalent for external exposures and the committed effective dose equivalent for internal exposures.

  • Eighth Amendment means that certain Eighth Amendment to Credit Agreement, dated as of August 30, 2019, among the Borrower, the Lenders and the Administrative Agent.

  • Designated Payment/Transfer Office means (i) with respect to the initial Paying Agent/Registrar named herein, its office in Dallas, Texas, or at such other location designated by the Paying Agent/Registrar and (ii) with respect to any successor Paying Agent/Registrar, the office of such successor designated and located as may be agreed upon by the City and such successor.

  • Eighth Amendment Effective Date shall have the meaning provided in the Eighth Amendment.

  • Amending Agreement means the Agreement of which a copy is set out in the Third Schedule to the Iron Ore (Hamersley Range) Agreement Xxx 0000 (which Agreement was approved by the Iron Ore (Hamersley Range) Agreement Act Amendment Act 1968);

  • Minimum Transfer Amount means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Tenth Amendment Effective Date has the meaning assigned to such term in the Tenth Amendment.