Commercial Paper - Law Dictionary Search Results
good
that a security interest in them attaches or that are fixtures but excluding money, documents, instruments, accounts, chattel paper, general intangibles, and minerals or the like before extraction consumer goods : goods purchased primarily for personal, family, … good bet·ter best 1 : commercially sound or reliable [a risk] 2 a : valid or effectual under the law b : free of
Industrial purpose
this clause was that the site sold to the appellant shall not be used by him, for a commercial purpose as contradistinguished from an industrial purpose, that is to say, that he shall use it for the … use it for the purpose of his own industry or business but not for any other purpose, Chandigarh Paper Board Mills Private Limited v. Chief Commissioner, (1982) 3 SCC 507. [Capital of Punjab (Development and Regulation) Act,
Goods
sales tax laws, Sunrise Associates v. Govt. of NCT of Delhi, (2006) 5 SCC 603, see Dictionary of Commercial Law by A.H. Hudson (1983 Edn.), also Sale of Goods Act, 1930, s. 2(7); Transfer of Property Act, … under the contract of sale.[M.P. General Sales Tax Act, 1958, s. 2(g)], State of Madhya Pradesh v. Orient Paper Mills Ltd., AIR 1977 SC 687: (1977) 2 SCC 77: (1977) 2 SCR 149. The term 'goods' is
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Salary or wages
the course of business shall be deemed to be a sale for the purpose of this Act', Joint Commercial Tax Officer v. Young Men's Indian Association (Regd.), AIR 1970 SC 1212 (1214): (1970) 1 SCC 462: (1970) … its members, but does not include a mortgage, hypothecation charge or pledge, State of Madhya Pradesh v. Orient Paper Mills Ltd., AIR 1977 SC 687: (1977) 2 SCC 77: (1977) 2 SCR 149. If all his principals
lien
retain possession of the property until payment of the amount due NOTE: Under Article 9 of the Uniform Commercial Code, a factor's lien is simply a security interest and, unlike a common-law lien, is enforceable even after … or services (as construction and sometimes design) or material retaining lien : a lien that attaches to the papers or property of a client which have come into his or her attorney's possession in the course of
Correspondence school
university or other educational bodies but the term is commonly applied to various educational institutions organized on a commercial basis some of which offer a large variety of courses in general and technical subjects conducted by specialists … A school that teaches by correspondence the instruction being based on printed instruction sheets and the recitation papers written by the student in answer to the questions or requirements of these sheets In the broadest sense
Consumer
of such person, but does not include a person who obtains such goods for resale or for any commercial purpose; or (ii) hires or avails of any services for a consideration which has been paid or promised … energy has been generated by the consumer himself cannot, therefore, be countenanced, State of Mysore v. West Coast Papers Mills Ltd., (1975) 3 SCC 448: AIR 1975 SC 5: (1975) 2 SCR 127. The word 'consumer' is
Sale price
in respect of such goods, but does not include any sum allowed as cash discount, commission or other commercial rebate on the value of such goods at the time of, or before the delivery of such goods. … delivery or the cost of installation when such cost is separately charged, State of Madhya Pradesh v. Orient Paper Mills Ltd., AIR 1977 SC 687: (1977) 2 SCC 77: (1977) 2 SCR 149. (iv) 'Sale price' means
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