Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Absolute assignee
a person who is assigned an unqualified interest in property in a transfer of some or all of the incidents of ownership.
Assignee
one to whom property rights or powers are transferred by another. ( use of the term is so widespread that it is difficult to ascribe positive meaning to it with any specificity. Courts recognize the protean nature of the term and are therefore often forced to look to the intent of the assignor and assignee in making the assignment -rather than to the formality of the use of the term assignee - in defining rights and responsibilities. - also termed assign.
Assignee ad interim
an assignee appointed between the time of bankruptcy and the appointment of a regular assignee.
Assignee clause
a provision of the judiciary act of 1789 that prevented a litigant without diversity of citizenship from assigning a claim to another who did have the required diversity. ( in 1948 the assignee clause was replaced by 28 usca ยง 1359, which denies federal jurisdiction when a party is improperly or collusively joined, by assignment or otherwise. Merely to invoke jurisdiction.
Collateral assignee
a lender who is assigned an interest in property (usu. Real property) as security for a loan.
co-assignee
A person who, along with one or more others, is an assignee of the same subject matter.