Liability - Definition - Law Dictionary Home Dictionary Definition liability

Definition :

Liability, anything for which a person is liable, Webster American Dictionary, p. 843.

In U.K., a government servant is not personally liable on contracts which he executes in his official capacity unless he has intention to make himself personally liable, Commentary on the Constitution of India, Durga Das Basu, Vol. L, p. 112.

The term 'liability' is of large and comprehensive signification, and when construed in its usual and ordinary sense, it expresses the state of being under obligation in law or in justice, First National Bank Ltd. v. Seth Sant Lal, AIR 1959 Punj 328 (330). (Companies Act, 1913, Sch. I, Table A, regn 28)