Acquisition Acquire - Law Dictionary Search Results
Home Dictionary Name: acquisition acquireAcquisition, acquire
Acquisition, acquire, acquisition is the act by which a person acquires property in a thing. 'Acquire' is to become the owner of the property. One can, therefore, acquire a property either by voluntary or involuntary transfer, Devi Das Gopal Krishnan v. State of Punjab, AIR 1967 SC 1895 (1904): (1967) 3 SCR 557. [Punjab General Sales Tax Act, (46 of 1948), s. 2 (FF)]...
Acquisition
Acquisition, 'acquisition' means, directly or indirectly, acquiring or agreeing to acquire-(i) shares, voting rights or assets of any enterprise; or (ii) control over management or control over assets of any enterprise. [Competition Act, 2002 (12 of 2003), s. 2(a)]'Acquisition', with its grammatical variations and cognate expressions, includes hiring, borrowing, or accepting as a gift. [Arms Act, 1959 (54 of 1959), s. 2(a)]The office of one functionary is brought to an end another functionary has come into existence in its place. Such a process cannot be said to constitute the acquisition of the extinguished office or the vesting of the rights in the person holding that office, Bira Kishore Deb v. State of Orissa, AIR 1964 SC 1501 (1508): (1964) 7 SCR 32. [Constitution of India, Art. 31(2), 19(1) (f)]Means taking not by voluntary agreement but by authority of an Act of Parliament and by virtue of the compulsory powers thereby conferred. In case of acquisition the property is taken by t...
Acquired
Acquired, the expression 'acquired' should be taken to be a reference to 'acquisition' as understood in Public International Law. If there were any public notification, assertion or declaration by which the Government of this country had declared a territory as part and parcel of the territory of India, the Courts would be bound to recognise an 'acquisition' as having taken place, with the consequence that that territory would be part of the territory of the Union within Art. 1(3)(c), N. Masthan Sahib v. Chief Commr., AIR 1963 SC 533 (538). [Constitution of India, Art. 1(3)(c)]Acquired, includes vesting of property in govern-ment by statutory process. But unless such statutory acquisition of a part of the mortgaged property by Government is in the character of a mortgage money even proportionately, State of Kerala v. Koliyat Estates, (1999) 8 SCC 419....
Displaced from land, in consequence of the com-pulsory acquisition
Displaced from land, in consequence of the com-pulsory acquisition, A person is displaced from land in consequence of the compulsory acquisition of his interest if, and only if, he gives up possession (1) on being required to do so by the acquiring authority, (2) on completion of the acquisition, or (3) where the acquiring authority permits him to remain in possession of the land under a tenancy or licence of a kind not making him a tenant as defined in the Agricultural Holdings Act, 1986 (UK) Halsbury's Laws of England (2), para 399, p. 217....
Requisition and acquisition
Requisition and acquisition, there are significant differences between 'requisition' and 'acquisition'. These have different legal consequences and these affect the owners concerned in different manners. The requisition is taking over of possession of the property normally for a limited period whereas the acquisition is taking over of title of the property permanently. But the State has the power both of requisition as well as acquisition, subject to one condition, i.e., the property acquired or requisitioned must be for public purpose, Jiwani Kumar Paraki v. First Land Acquisition Collector, AIR 1984 SC 1707: (1984) 4 SCC 612: (1985) 1 SCR 686....
acquisition
acquisition 1 : the act or action of acquiring ;specif : the obtaining of controlling interest in a company compare merger, takeover 2 : a thing gained or acquired ...
Acquired possession
Acquired possession, The words 'acquired possession' or 'keeping' in clause (b) of s. 135(1) are not to be restricted to 'possession' or 'keeping'acquired as an owner or a purchaser of the goods. the expression 'acquired possession' is of very wide amplitude and will certainly include theacquisition of possession by a person in a capacity other than as owner or purchaser. [Customs Act, 1962, s. 135(1)(b)], State of Maharashtra v. Natwarlal Damodaradas Soni, AIR 1980 SC 593: (1980) 2 SCR 340....
Acquisition by State
Acquisition by State, The words 'acquisition by the State' in the second proviso to article 31A(1) do not have a technical meaning. It means that the law must make a provision for the acquisition by the State of an estate. But what is the true meaning of the expression 'acquisition by the State of an estate', Ajit Singh v. State of Punjab, AIR 1967 SC 856 (861): (1967) 2 SCR 143....
Acquired territories
Acquired territories, 'acquired territories' mean so much of the territories comprised in the Indo-Pakistan agreements and referred to in the First Schedule as are demarcated for the purpose of being acquired by India in pursuance of the said agreements. [Acquired Territories (Merger) Act, (64 of 1960), s. 2(a)]...
federal acquisitions regulations
federal acquisitions regulations (FARs) Regulations established to codify uniform policies for acquisition of supplies and services by executive agencies. Published in CFR and updated in the Federal Register. Source: FindLaw ...
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