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Speed Money

Legal definition for Indian law research

Definition

Speed money, Speed money is the key to getting lawful things done in good time and 'operation signature', be it on a gate pass or a pro forma, can delay the movement of goods, the economics whereof induces investment in bribery, Som Parkash v. State of Delhi, AIR 1974 SC 989 (993): 1974 SCC (Cri) 215. [Prevention of Corruption Act, 1947, s. 5(1)(a)]

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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