What Do Disallowance Mean?
Disallowance and Reservation Are Historical Constitutional Powers That Were Instituted in Several Territories Throughout the British Empire as a Mechanism to...
Disallowance and reservation are historical constitutional powers that were instituted in several territories throughout the British Empire as a mechanism to delay or overrule legislation.
What do you mean by disallowance?
to refuse to allow; reject; veto: to disallow a claim for compensation. to refuse to admit the truth or validity of: to disallow the veracity of a report.
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What does disallowed claim mean?
Disallowed Claim means a Claim, or any portion thereof, that: (a) is not listed on the Debtors' Schedules, or is listed therein as contingent, unliquidated, disputed, or in an amount equal to zero, and whose holder has failed to file a timely proof of Claim; or (b) the Bankruptcy Court has disallowed by Final Order.
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