Due - Definition - Law Dictionary Home Dictionary Definition due
Definition :
Due [fr. du, Fr.], anything owing. That which one contracts to pay or perform to another; that which law or justice requires to be paid or done.
It should be observed that a debt is said to be due the instant that it has existence as a debt; it may be payable at a future time.
Due, normally refers to an amount which the creditor has a right to recover, State of Kerala v. V.R. Kalliyanikutty, (1999) 3 SCC 657.
May, on the one hand express the mere fact, or the state, of indictment, as an equivalent simply of 'owing' or on the other hand, it may refer to the time of payment, indicating that the obligation is immediately enforceable, and is then an equivalent of payable, GEI Engineering Ltd. v. Asst. Commr., Comrl. Tax (M.P.), (2006) STC 177 (Vol. 146).
Means owing and demanding payable it imports a fixed and settled obligation, Shriram Engineering Construction Company Ltd. v. Kerala State Industrial Development, AIR 2007 (NOC) 1065 (Ker).
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