Occupation Debt - Definition - Law Dictionary Home Dictionary Definition occupation-debt

Definition :

Occupation debt, 'occupation debt' is defined as a debt payable by virtue of an obligation incurred during the occupation period and accruing due at any time. The term 'debt' is commonly used to describe liabilities which have an origin in contract, Muthupalaniapa Chettir v. Alagamai Achi, AIR 1961 Mad 438 (442). [Malayan Ordinance (42 of 1948)]