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Bill of Exchange

of Exchange. Defined in the (English) Bills of Exchange Act, 1882 (45 & 46 Vict. c. 61), s. 3, as an 'unconditional order in writing, addressed by one person to another, signed by the person giving it,

Affidavit

law allowed to affirm or declare instead of swearing. [The General Clauses Act, 1897 (10 of 1897), s. 3 (3)] The expression 'affidavit' has been commonly understood to mean a sworn statement in wiring made especially under

Interest

to a lender in return for the use of the borrowed money [Black's Law Dictionary (7th Edn.) pp. 393-94 para 37]. Interest, is the accretion on capital, Amin Chand Payarelal v. Inspecting Assistant Commissioner, Income Tax, (2006)

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Regular

conduct without any break or breach, Mrs. Raj Kanta v. Financial Commissioner, AIR 1980 SC 1464 (1466): (1980) 3 SCC 589: (1980) 3 SCR 1006. Means (1) conforming to a rule or principal systematic; (2) harmonious symmetrical;

Landlord

in good faith for his own occupation, M.M. Quasim v. Manohar Lal Sharma, AIR 1981 SC 1113: (1981) 3 SCC 36. [Bihar Buildings (Lease, Rent and Eviction) Central Act, 1947, s. 11(1)(c)] The definition of 'landlord' in

Penalty

Co., 1915 AC 79; approved in Widnes Foundry (1925) Ltd. v. Cellulose Acetate Co. Ltd., (1931) 2 KB 393, and 1933 AC 20. 3. A sum recoverable by action from a person infringing a statute. See PENAL

Person interested

the compensation, Himalaya Tiles and Merbles (P) Ltd. v. Francis Victor Countinho, AIR 1980 SC 1118 (1120): (1980) 3 SCC 233: (1980) 3 SCR 235. [Land Acquisition Act, 1844, s. 18] The expression 'person interested' included all

Public servant

the term public servant' as given u/s. 21 of the RPC; State v. D.P. Dogra, AIR 1986 SC 312 (313): (1985) 4 SCC 319. [J&K Prevention of Corporation Act, s. 5 (2)] Public servant, includes not only … prevailing in the country, State of Madhya Pradesh v. M.V. Narasimhan, AIR 1975 SC 1835: (1975) 2 SCC 377: (1976) 1 SCR 6. (iv) For the purposes of this Act, 'public servant' shall have the meaning assigned

Wakf

religious or charitable, and 'wakf' means any person making such dedication. [Wakf Act, 1995 (43 of 1995), s. 3(r)] If there is specific dedication of any property for any purpose recognised by Muslim law as religious or

Reserve Bank

Reserve Bank, means the Reserve Bank constituted under s. 3 of the Reserve Bank of India Act, 1934. [See Reserve Bank of India Act, 1934, s. 3] Means

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