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Accept - Law Dictionary Search Results

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Day of acceptance

Day of acceptance, means (a) the day of the actual delivery of goods or the rendering of services; or (b) where any objection is made in writing by the buyer regarding acceptance of goods or services within thirty days from the day of the delivery of goods or the rending of services, the day on which such objection is removed by the supplier [Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993 (32 of 1993), s. 2(b) Expl. (i)]...


Blank acceptance

Blank acceptance. An acceptance written on the paper before the bill is made, and delivered by the acceptor, will charge the acceptor to the extent warranted by the stamp. See Bills of Exchange Act, 1882, s. 20....


Acceptance of service

Acceptance of service of writ of summons by solicitor in lieu of personal service on defendant. See R. S. C., Ord. IX., r. 1. Where with the authority of the defendant his solicitor accepts service of a writ and gives a written undertaking to 'enter an appearance in due course,' that undertaking is unconditional and must be performed forthwith, and at the instance of the plaintiff it can be enforced by attachment of the solicitor under R. S. C., Ord. XII., r. 18 [In re Kerly, (1901) 1 Ch 467]. It is necessary for the solicitor to have his client's authority [Re Gray, (1891) 65 LT 743]; and unless an undertaking to appear is given, personal service cannot be dispensed with [The Anna, (1891) 64 LT 332]; personal service also is requisite in divorce proceedings, De Niceville v. De Niceville, (1877) 37 LJ Mat 43....


trade acceptance

trade acceptance : a time draft or bill of exchange for the amount of a specific purchase drawn by the seller on the buyer, bearing the buyer's acceptance, and often noting the place of payment (as a bank) ...


acceptance

acceptance the written approval of the buyer's offer by the seller. Source: U.S. Department of Housing and Urban Development ...


acceptance of responsibility

acceptance of responsibility :a convicted federal defendant's acknowledgment of and remorse for his or her crime such that the sentencing judge has the discretion under the federal sentencing guidelines to reduce the offense level and so impose a less severe sentence ...


banker's acceptance

banker's acceptance : a short-term credit instrument issued by an importer's bank that guarantees payment of an exporter's invoice ...


power of acceptance

power of acceptance see power ...


Accepted a part of benefit under the Scheme

Accepted a part of benefit under the Scheme, means withdrawal and utilization of the benefit under the Voluntary Retirement Scheme and not mere unilateral deposit thereof into the employee's bank account, Punjab National Bank v. Virender Kumar Goel, (2004) 2 SCC 193; Bank of India v. O.P. Swarnakar, (2003) 2 SCC 721....


Banker's acceptance

Banker's acceptance, is a short-term credit instrument issued by an importer's bank that guarantees payment of an exporter's invoice, Webster's Dictionary of Law, Indian Edn. (2005), p. 43....



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