Demand Liabilities - Law Dictionary Search Results
Demand liabilities
Matched in: Term Demand liabilities
Unclaimed property
current or drawing account is money lent to the banker by the customer, repayable upon and not until demand without which there is no cause of action: see the judgment of Bankes, LJ, in Joachimson v. Swiss … decided for what length of time bankers are bound to keep these, but it would seem that the liability of the banker, if he retains custody, is a perpetual liability limited only by six years after demand
Current liabilities
Matched in: Term Current liabilities
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Adulteration
the prejudice of the purchaser of articles of food and drugs not of the nature, substance or quality demanded by the purchaser, is prohibited. Where however, the article is properly labelled as mixed, no liability arises. Provision … or quality demanded by the purchaser, is prohibited. Where however, the article is properly labelled as mixed, no liability arises. Provision is made for setting up of Food and Drug Authorities, who can appoint analysts who have
Is payable
the liability to pay the arrears of rent should be out-standing on the date of the issue of demand, The State of U.P. v. Anand Swarup, AIR 1974 SC 125 (128): (1974) 1 SCC 42: (1974) 2 … Is payable, the words 'is payable' indicate that the liability to pay the arrears of rent should be out-standing on the date of the issue of demand, The
Passengers
5, c. 43), and AIR NAVIGATION. As to the liability of a passenger to pay his fare without demand under a bye-law, fraud not being alleged, see London Passenger Transport Board v. Sumner, 1935 WN 196. … (English) Road Traffic Act, 1930 (20 & 21 Geo. 5, c. 43), and AIR NAVIGATION. As to the liability of a passenger to pay his fare without demand under a bye-law, fraud not being alleged, see London
Tax due
the amount of tax which remains unpaid after the expiry of the date specified in the notice of demand issued in this behalf under this Act or the rules made thereunder. [West Bengal Value Added Tax Act, … rules made thereunder. [West Bengal Value Added Tax Act, 2003, s. 2(46)] Tax due, refers to an ascertained liability. However the meaning of the Words 'taxes due' will ultimately depend upon the context in which these words
Mandamus
1925, s. 45 (1)] Means a command. It differs from the writs of prohibition or certiorari in its demand for some activity on the part of the body or person to whom it is addressed. Mandamus is … to Crown or any public servant acting as the agent of the Crown unless there is a Statutory liability, Commentary on the Constitution of India, D.D. Basu, 6th Edn., Vol. II, p. 281. Means a command. It
recourse
nature of a remedy or justice ;also : the end itself 2 : the right or ability to demand payment or compensation ;specif : the right to demand payment from the endorser or drawer of a negotiable … Under Article 3 of the Uniform Commercial Code, the phrase without recourse on a negotiable instrument limits the liability of the endorser or drawer. If an endorsement states that it is made without recourse, the endorser is
Conversion and detinue
a wrongful detention of the plaintiff's chattel by the defendant, evidence by a refusal to deliver it upon demand and the redress claimed is not damages for the wrong but the return of the chattel or its … If a bailee unlawfully or negligently loses or parts with possession he cannot get rid of his contractual liability to restore the bailor's property on the termination of the bailment and if he fails to do, he
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