Checks at Companies House show the firm is nearly 10 months overdue with its accounts in breach of company law.
»The vendor will be required to warrant that it is not in breach of any of the contracts of employment.
Financial and business terms. 2012.
breach — ▪ I. breach breach 1 [briːtʆ] noun 1. [countable, uncountable] LAW an action that breaks an agreement, rule, law etc: • The company wrote a letter of apology to the Israeli government, saying that any breach of the rules was unintentional. • They … Financial and business terms
breach — breach1 W3 [bri:tʃ] n [: Old English; Origin: bryce] 1.) [U and C] an action that breaks a law, rule, or agreement breach of ▪ This was a clear breach of the 1994 Trade Agreement. ▪ They sued the company for breach of contract . ▪ a breach of… … Dictionary of contemporary English
breach — 1 noun 1 breach of the law/rules/agreement etc an action that breaks a law, rule, or agreement between people, groups, or countries: a clear breach of the 1994 Trade Agreement | be in breach of sth: We will expel any member found to be in breach… … Longman dictionary of contemporary English
hand sth over — UK US hand (sth) over Phrasal Verb with hand({{}}/hænd/ verb ► to give someone else control of or responsibility for something: »to hand over control/power/responsibility hand sth over to sb »The founder handed the company over to his sons. »The… … Financial and business terms
walk out on sth — UK US walk out on sth Phrasal Verb with walk({{}}/wɔːk/ verb [I or T] ► if someone walks out on a job, etc., they leave before finishing it because they are not happy about something: »Workers who walked out on the job could be sacked for breach… … Financial and business terms
rule — {{Roman}}I.{{/Roman}} noun 1 what you can or cannot do, say, etc. ADJECTIVE ▪ basic, cardinal, first, fundamental, golden ▪ ground rules ▪ … Collocations dictionary
duty — noun 1 sth that you have to do because it is right or expected ADJECTIVE ▪ contractual, legal, statutory (esp. BrE) ▪ Retailers have a statutory duty to provide goods suitable for their purpose. ▪ fiduciary ▪ … Collocations dictionary
treaty — noun ADJECTIVE ▪ global, international, regional, union ▪ bilateral, multilateral ▪ formal ▪ draft … Collocations dictionary
article — noun 1 piece of writing ADJECTIVE ▪ brilliant, excellent, fascinating, good, great, informative, insightful, interesting, must read (informal, esp. AmE) … Collocations dictionary
regulation — {{Roman}}I.{{/Roman}} noun 1 control of sth ADJECTIVE ▪ strict, tight, tough ▪ those opposed to tighter regulation of banks ▪ increased ▪ excessive … Collocations dictionary
