Dear Bought - Law Dictionary Search Results
Home Dictionary Name: dear boughtDear bought
Bought at a high price as dear bought experience...
Bought and Sold Notes
Bought and Sold Notes. It is no longer the custom for brokers who have succeeded in making a contract to make any entry in their books save for their own private information, and it is now almost the universal practice to regard the bought and sold notes as the proper evidence of the contract. The broker sends to the seller a 'sold note' and to the buyer a 'bought note,' these being now the usual terms, though formerly their use was sometimes the converse. When each note discloses the name of both parties to the transaction, each is a complete memorandum of the bargain. When each note only discloses the name of one party, the two may be treated as one memorandum. The bought and sold notes are deemed to constitute a single document, and if they differ materially they are nullities unless one has been assented to by the parties as containing the terms of the contract.Every contract note for or relating to the sale or purchase of any stock or marketable security must be stamped when the v...
Dearly
In a dear manner with affection heartily earnestly as to love one dearly...
Dearness allowance
Dearness allowance, it is inextricably intertwined with price rise, it being an attempt to compensate loss in real wages on account of price rise considered as a passing phenomenon by compensation, Workmen Employed by M/s. Indian Oxygen Ltd. v. Indian Oxygen Ltd., AIR 1986 SC 125: (1985) SCR 111.The whole purpose of dearness allowance being to neutralise a portion of the increase in the cost of living, it should ordinarily be on a sliding scale and provide for an increase on rise in the cost of living and a decrease on a fall in the cost of living. 1961 (2) LLJ 352 quoted, Hindustan Times v. Their Workmen, AIR 1963 SC 1333 (1338)....
Bought and sold
Bought and sold, when a person buys an article from another person, that other persons at the same time sells him that article and it is in that sense that s. 11(1) uses the words 'bought and sold, Krishna Coconut Co. v. E.G.C. and Tobacc Market Committee, AIR 1967 SC 973 (977): (1967) 1 SCR 974. [Madras Commercial Crop & Markets Act (20 of 1933), s. 11(1)]...
Dearness
The quality or state of being dear costliness excess of price...
Foreign bought and sold
Foreign bought and sold, a custom in London which prevented merchants other than freemen of the City from dealing in cattle in Smithfield, was abolished in 1671....
Goods
Goods, Computer programs are the product of an intellectual process, but once implanted in a medium they are widely distributed to computer owners. An analogy can be drawn to a compact-disc recording of an orchestral rendition. The music is produced by the artistry of musicians and in itself is not a 'good', but when transferred to a laser-readable disc it becomes a readily merchant-able commodity. Similarly, when a professor deliv-ers a lecture, it is not a good, but, when transcribed as a book, it becomes a good. That a computer program may be copyrightable as intellectual property does not alter the fact that once in the form of a floppy disc or other medium, the program is tangible, moveable and available in the marketplace. The fact that some programs may be tailored for specific purposes need not alter their status as 'goods' because the Code definition includes 'specially manufactured goods', Advent Systems Ltd. v. Unisys Corpn., 925 F. 2d 670 3dCir 1991. Associated Cement Compa...
Basic wages
Basic wages, means all emoluments which are earned by an employee while on duty or on leave or on holidays with wages in either case in accordance with the terms of the contract of employment and which are paid or payable in cash to him, but does not include-(i) the cash value of any food concession; (ii) any dearness allowance (that is to say, all cash payments by whatever name called paid to an employee on account of a rise in the cost of living), house-rent allowance, overtime allowance, bonus commission or any other similar allowance payable to the employee in respect of his employment or of work done in such employment; (iii) any presents made by the employer. [Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), s. 2 (b)]The phrase 'basic wages' is ordinarily understood to mean that part of the price of labour, which the employer must pay to all workmen belonging to all categories. The phrase is used ordinarily in marked contra-distinction to 'dearness ...
Emitted
Emitted, means 'goes out from' rather than 'produced by', Network Housing Association v. Westminster City Council, (1994) 27 HLR 189: 93 LGR 280 DC. See also Halsbury's Laws of England (38), para 610, p. 548.That is dearness allowance and special allowances in addition to basic pay, could not be excluded because of the addition of some other item like 'dearness pay', N.D.P. Namboodripad v. Union of India, (2007) 4 SCC 502....
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