A loan or indebtedness will be considered to have been repaid by a debtor by way of set-off against a receivable of the debtor "if the set-off represents a legal discharge of the loan or indebtedness." This generally will be accepted to have occurred "if the intention to do so is evidenced in the relevant books and records including any contracts or agreements between the parties and the accounting records of the parties."
Topics and taglines
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
324423
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
341288
Extra import data
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"field_legacy_header": "<a href=\"/?p=25710\">26 November 2013 CTF Round Table, Q. 2.2.1, 2013-0508151C6</a> [repayment by set-off]"
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"field_legacy_header": "<a href=\"/?p=25710\">26 November 2013 CTF Round Table, Q. 2.2.1, 2013-0508151C6</a> [repayment by set-off]"
}