Privilege And Concession - Definition - Law Dictionary Home Dictionary Definition privilege-and-concession

Definition :

Privilege and concession, a privilege has been defined as a particular and peculiar benefit or advantage enjoyed by a person, and a concession as a form of privilege. An option to purchase or repurchase has been held to be such a privilege or concession, V. Pechimuthu v. Gowrannal, AIR 2001 SC 2446 (2449): (2001) 7 SCC 617.