Active Operations Duty - Law Dictionary Search Results
Active-operations duty
Matched in: Term Active-operations duty
trespasser
a licensee is usually owed a higher degree of care when an entrance fee is charged or when active operations (as of machinery) are taking place on the property. … compare invitee, licensee NOTE: The general rule is that the owner or possessor of real property has the duty merely to refrain from willfully, wantonly, or recklessly injuring a trespasser whose presence is known. This rule is
Active duty
Matched in: Term Active duty
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Active politics
Matched in: Term Active politics
trust
to accumulate rather than being paid out NOTE: Accumulation trusts are disfavored and often restricted in the law. active trust : a trust in which legal title remains in the trustee who has a duty to act … against perpetuities. Illinois land trust : land trust in this entry implied trust : a trust arising by operation of law when the circumstances of a transaction imply the creation of a trust that is not expressly
Company
was eroded by the emergence of new social value which recognised the role of the State as an active participant in the social and economic life of the citizen in order to bring about general welfare and … and shareholders and embracing within its scope much wider groups affected by the trading activities and other connected operations of companies, emerged as an important feature of contemporary thought on the role of the corporation in modern … company, according to the new socio-economic thinking, is a social institution having duties and responsibilities towards the community in which it functions, National Textile Workers'
Manufacture
such. It is then and then only that manufacture taken place attracting duty, Hindustan Polymers v. Collector of Central Excise, AIR 1990 SC 1676 (1682): … a distinctive name, character or use, Words and Phrases (Permanent Edition), Vol. 26. It is the process or activity which brings into being articles which are known in the market as goods and to be goods these … s. 2(2)] --anything made by art. As to a patent for a manufacture, see LETTERS-PATENT. As to the operation of the Factory Acts, see that title, and consult Notcutt on the Factory and Workshop Acts. In relation
Uses
use. In general, however, there was but little difference in the terms 'use' and trust. See OFFICIAL USE; ACTIVE USE; PASSIVE TRUST, and infra. Uses may be classified as:- I. Present or executed; distributable into:- (a) Those … trustee, who retains the legal estate notwithstanding the statute, to perform the duty confided in him. And the trustee had the legal estate (if properly … at the time of the execution of the use. (6) The use may be raised by a conveyance operating either by transmutation or non-transmutation of possession (see infra). Non-operation of the Statute: The Statute of Uses did
Property
the Land Acquisition Act, 1894; Khorshed Shapoor v. Asst. Controller of Estate Duty, AIR 1980 SC 775: (1980) 2 SCC 1: (1980) 2 SCR 315. … instruments evidencing title to, or interest in, such property or assets, and includes cash and bank account. [Unlawful Activities (Prevention) Act, 1967 (37 of 1967), s. 2(h)] Includes any property over which or the profits of which … in any of the provisions of the Hindu Women's Rights Property Act which excludes from the scope of operation of the Act succession to Shebaitship, Angurbala Mullick v. Debabrata Mullick, AIR 1951 SC 293 (297-299): (1951) SCR
Trust
and (2) temporary, when there is one particular duty only to perform. Again, trusts may be passive or active. A trust being, in contemplation of equity, the substantial ownership of or control over property, the person having … into- (a) Trusts executed, perfect, complete, or constituted. (b) Trusts executory, imperfect, incomplete, or directory. (II.) Arising by operation of law, such as (a) Constructive, which arise when property which has been acquired in right of another
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