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Benefit sharing

Benefit sharing, 'benefit sharing', in relation to a variety, means such proportion of the benefit accruing to a breeder of such variety or such proportion of the benefit accruing to the breeder from an

Consideration

valuable consideration in the sense of the law may consist either is some right, interest, profit or benefit accruing to the one party, or some forebearance, detriment, loss, or responsibility, given, suffered, or undertaken by the other,

Business

or concern is carried on with motive to make gain or profit and whether or not any profit accrues from such trade, commerce, manufacture, adventure or concern; and (ii) any transaction in connection with, or incident or

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Apportionment

apply to rent payable in advance, annuities, dividends, and other payments in the nature of income which have accrued due before the happening of the event by reason of which it is proposed to apply the Act,

Acknowledgement of a wife's assurance

interest in lands or her revisionary interest in personal property she was required, unless her title thereto had accrued since 1882, or unless she was entitled thereto for her separate use to comply with the formalities prescribed

Expectant heir

Expectant heir. A person to whom property will accrue on the death of another person. expectant heirs wishing to anticipate this property have frequently borrowed money, to

Commodum ex injuria Sua memo habere debet

Commodum ex injuria Sua memo habere debet, convenience cannot accrue to a party from his own wrong. In other words, no one can be allowed to benefit from

run

of limitations began to when she received notice of the injury] compare toll 2 : to continue to accrue or become payable in an amount increasing with the passing of time [interest running from a particular date]

Verified claim

when he has a title to that claim and as entitle to the rights and benefits which may accrue under it, AIR 1968 P&H 242 (249). [Displaced Persons (Compensation & Rehabilitation) Act, 1954, s. 2(e)]

Possession follows title

the eye of the law, be deemed to be in possession. The benefit of such a presumption can accrue only in favour of a rightful owner and not in favour of a wrongdoer. The latter can acquire

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