Circulating - Law Dictionary Search Results
Home Dictionary Name: circulatingMoney circulation scheme
Money circulation scheme, means any scheme, by whatever name called, for the making of quick or easy money, or for the receipt of any money or valuable thing as the consideration for a promise to pay money, on any event or contingency relative or applicable to the enrolment of members into the scheme, whether or not such money or thing is derived from the entrance money of the members of such scheme or periodical subscriptions. [Prize Chits and Money Circulation Scheme (Banning) Act, 1978, (43 of 1978), s. 2(c)]To be a money circulation scheme, a scheme must be for the making of quick or easy money on any event or contingency relative or applicable to the enrolment of the members into the scheme. The scheme has necessarily to be judged as a whole, both from the viewpoint of the promoters and also of the members, State of West Bengal v. Swapan Kumar Guha, AIR 1972 SC 949 (976). [Prize Chits and Money Circulation Schemes (Banning) Act, 1978 , s. 2(c)]...
Circulate
To cause to pass from place to place or from person to person to spread as to circulate a report to circulate bills of credit...
circulating
moving or flowing in a circuit and returning to the same point as steam circulating through the pipes the circulating thyroid hormones...
Circulative
Promoting circulation circulating...
Fixed capital and circulating capital
Fixed capital and circulating capital, fixed capital is something which the owner keeps in his possession but turns to profit; circulating capital, however, is turned over in the process of profit-making, Karanpura Development Co. Ltd. v. CIT, AIR 1962 SC 429 (433): 1962 3 SCR 368....
Circulable
That may be circulated...
Circulator
One who or that which circulates...
Circulating capital
Circulating capital, means capital employed in the trading operations of the business and the dealings with it comprise trading receipts and trading disbursements, while 'fixed capital' means capital not so employed in the business, though, it may used for the purposes of a manufacturing business, but does not constitute capital employed in the trading operations of business, Sutlej Cotton Mills Limited v. Commissioner of Income Tax, (1978) 4 SCC 358: (1979) 1 SCR 976: AIR 1979 SC 5 (9). [Income-tax Act (11 of 1922) s. 10 (1) (2)]...
Circulating medium
Circulating medium, more comprehensive than the term money, as it is the medium of exchanges, or purchases and sales, whether it be gold or silver coin or any other article....
Repetend
That part of a circulating decimal which recurs continually ad infinitum sometimes indicated by a dot over the first and last figures thus in the circulating decimal 728328328 otherwise 7dotted28dotted3 the repetend is 283...
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