Financial Obligations
Legal definition for Indian law research
Definition
Financial obligations, the expression should be construed 'ejusdem generis', for so construed it implies an obligation in the nature of an obligation in respect of loans and guarantees incurred or undertaken by the State, State of West Bengal v. Serajuddin Batley, AIR 1954 SC 193 (194). [Indian Independence Rights, Property and Liabilities) Order 1947, s. 9]
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.