Skip to content

P Dictionary

Property belonging to the society

Property belonging to the society, the expression 'property belonging to the society' does not give the society a corporate status in the matter of hold-ing and acquiring property; it merely describes the property which vests in the trustees or governing body for the time being, Dharam Dutt v. Union of India, (2004) 1 SCC 712 (745). (Societies Registration Act, 1860, s. 5 Entry 14)...


property damage liability

property damage liability Insurance that protects you, and pays on your behalf, for automobile-related damage that you cause to another persons' property. If offered jointly with bodily injury liability, as it often is, it may be called "liability insurance." ...


property interest

property interest see interest ...


Property mark

Property mark, as defined by s. 479 of the Penal Code means a mark used for denoting that a movable property belongs to a particular person. The concept of a trade mark is distinct from that of a property mark. A mark as defined by s. 2(1) (j) of the trade and Marchandise Marks Act, 1958, includes a device, brand, heading, label, ticket, name, signature, word, letter or numerical or any combination thereof, Sumat Prasad Jain v. Sheojanam Pradas & State of Bihar, AIR 1972 SC 2488: (1973) 1 SCC 56: (1973) 1 SCR 1050....


Property mark, trade mark

Property mark, trade mark, a property mark, as defined by s. 479 of the Indian Penal Code means a mark used for denoting that a movable property belongs to a particular person. The distinction between a trade mark and a property mark is that whereas the former denotes the manufacture or quality of the goods to which it is attached, the latter denotes the ownership in them. In other words, a trade mark concerns the goods themselves, while a property mark concerns the proprietor. A property mark attached to the movable property of a person remains even if part of such property goes out of his hands and ceases to be his, Sumat Prasead Jain v. Sheojonaw Prasad, AIR 1972 SC 2488 (2490): (1973) 1 SCC 56. [Penal Code, s. 479; Trade and Merchandise Marks Act, 1958, s. 2(1)(i) & (v)]...


property of the estate

property of the estate All legal or equitable interests of the debtor in property as of the commencement of the case. Source: Administrative Office of the U.S. Courts ...


Property qualification

Property qualification, for Members of Parliament, abolished by 21 & 22 Vict. c. 26; for members of municipal corporations and local governing bodies, by 43 Vict. c. 17....


property right

property right 1 : a right or interest in or involving property (as real property) [a conflict between environmental regulations and property rights] 2 : property interest at interest ...


property tax

property tax : a tax levied on real or personal property (as by a municipality) compare excise, income tax ...


property tax deduction

property tax deduction the U.S. tax code allows homeowners to deduct the amount they have paid in property taxes from there total income. Source: U.S. Department of Housing and Urban Development ...



Save Judgments · Add Notes · Store Search Results · Organize Client Files Start your Free Trial