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Account Rendered - Law Dictionary Search Results

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Qualifying service

Qualifying service, 'qualifying service' under rules means 'service qualifying for pension', Hans Raj v. State of Punjab, AIR 1985 SC 69 (74): (1985) 1 SCC 134: (1985) 1 SCR 1040. [Punjab Civil Service (Pre-mature Retirement Rule), 1975, R. 2(3)]Means service rendered while on duty or otherwise which shall be taken into account for the purpose of pensions and gratuities admissible, Union of India v. S. Dharmalingam, AIR 1994 SC 592: (1994) 1 SCC 179: (1994) 1 SCJ 58: (1994) SCW 238: (1994) 1 Serv LJ (SC) 169: (1994) 26 ATC 575: (1994) 68 Fac LR 140: (1994) 1 UJ (SC) 45: (1994) 1 Lab LN 11....


Redhibition

Redhibition [fr. redhibitio, Lat.], an action allowed to a buyer by which to annul the sale of some movable, and to oblige the seller to take it back again upon the buyer finding it damaged, or that there was some deceit, Civ. Law.; Sand. Just.Means the voidance of a sale as a result of an action brought on account of some defect in a thing sold, on grounds that the defect renders the thing either useless or so imperfect that the buyer would not have originally purchased it, Black's Law Dictionary, 7th Edn., p. 1282...


Action redhibitoria

Action redhibitoria, an action instituted to avoid a sale within six months from the conclusion of the contract on account of some vice or defect in the thing sold, which renders it either absolutely useless, or its use so inconvenient and imperfect, that it must be supposed the buyer would not have purchased it had he known of the vice, Civil Law....


Officially

By the proper officer by virtue of the proper authority in pursuance of the special powers vested in an officer or office as accounts or reports officially verified or rendered letters officially communicated persons officially notified...


Dearth

Scarcity which renders dear want lack specifically lack of food on account of failure of crops famine...


account

account 1 a : a record of debit and credit entries to cover transactions involving a particular item (as cash or notes receivable) or a particular person or concern b : a statement of transactions during a fiscal period showing the resulting balance sometimes used in the pl. [trustees filed annual s as required by statute "W. M. McGovern, Jr. et al."] 2 : a periodically rendered reckoning (as one listing charged purchases and credits) 3 : a sum of money or its equivalent deposited in the common cash of a bank and subject to withdrawal at the option of the depositor 4 : a right under Article 9 of the Uniform Commercial Code to payment for goods or services which is not contained in an instrument or chattel paper and that may or may not have been earned by performance vi : to give a financial account [a duty to ] ...


Insurance

Insurance, see, Income-tax Act, 1961 (43 of 1961), s. 80C, Expl. 1.Insurance, the act of providing against a possible loss, by entering into a contract with one who is willing to give assurance, that is, to bind himself to make good such loss should it occur. In this contract, the chances of benefit are equal to the insured and the insurer. The first actually pays a certain sum, and the latter undertakes to pay a larger, if an accident should happen. The one renders his property secure; the other receives money with the probability that it is clear gain. The instrument by which the contract is made is called a policy; the stipulated consideration, a premium. As to what is known as a coupon policy, i.e., a coupon cut out of a diary, etc., see General Accident, etc., Assce. Corpn. v. Robertson, 1909 AC 404.Insurable Interest must be possessed by the person taking out a policy; he must be so circumstanced as to have benefit from the existence of the person or thing insured, and some preju...


Pension

Pension, an annual allowance made to any one, usually in consideration of past services.By the (English) Succession to the Crown Act, 1707, (6 Anne, c. 7) (c. 41 in the Revised Statutes), and 1 Geo. 1, st. 2, c. 56, no person having a pension under the Crown during pleasure, or for any term of years, is capable of being elected or sitting in the House of Commons.Old Age Pension.--The (English) Old Age Pensions Act, 1908, which was not on a contributory basis, gave to every person the right to a pension who fulfilled certain conditions. The Act, with the amending (English) Old Age Pensions Acts, 1911, 1919 and 1924, has been repealed by the (English) Consolidating Old Age Pensions Act, 1936 (26 Geo. 5 and 1 Edw. 8, c. 31). These conditions are contained in s. 2 of the Act of 1936, as follows:-2. The statutory conditions for the receipt of an old age pension by any person are--(1)The person must have attained the age of seventy, or in the case of a blind person, the age of fifty.(2)The p...


Fee

Fee [fr. feoh, Sax.; fee, Dan., cattle; feudum, Med. Lat.; feu, Scot.], property peculiar; reward or recom-pense for services. See FEES. Also an estate of inheritance divided into there species: (1) fee-simple absolute; (2) qualified or conditional or base fee, including (3) fee-tail, formerly fee-conditional. By the (English) Law of Properties Act, 1925, s. 1, a fee-simple absolute in possession and a term of years absolute are the only estates in land capable of being conveyed or created at law. All other estates in land take effect as equitable interests [ibid., s. 1 (4)]. See FEE-SIMPLE.A charge for labour or services esp. professional services; Black's Law Dictionary, 7th Edn., p. 629.A 'fee' is generally defined to be a charge for a special service rendered to individuals by some governmental agency. The distinction between a tax and a fee lies primarily in the fact that a tax is levied as a part of a common burden, while a fee is a payment for a special benefit or privilege, Com...


Rent

Rent [fr. reditus Lat.], a certain profit issuing yearly out of lands and tenements corporeal; it may be regarded as of a two fold nature--first, as some-thing issuing out of the land, as a compensation for the possession during the term; and secondly, as an acknowledgment made by the tenant to the lord of his fealty or tenure. It must always be a profit, yet there is no necessity that it should be, as it usually is, a sum of money; for spurs, capons, horses, corn, and other matters, may be, and occasionally are, rendered by way of rent; it may also consist in services or manual operations, as to plough so many acres of ground and the like; which services, in the eye of the law, are profits. The profit must be certain, or that which may be reduced to a certainty by either party; it must issue yearly, though it may be reserved every second, third, or fourth year; it must issue out of the thing granted, and not be part of the land or the thing itself.Consideration paid, usu. periodically...



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