Acquisition, Acquire - Definition - Law Dictionary Home Dictionary Definition acquisition-acquire

Definition :

Acquisition, acquire, acquisition is the act by which a person acquires property in a thing. 'Acquire' is to become the owner of the property. One can, therefore, acquire a property either by voluntary or involuntary transfer, Devi Das Gopal Krishnan v. State of Punjab, AIR 1967 SC 1895 (1904): (1967) 3 SCR 557. [Punjab General Sales Tax Act, (46 of 1948), s. 2 (FF)]