Direct Loss - Law Dictionary Search Results
Agricultural Holdings Act, 1923
given for one or more of the above reasons. The compensation is such loss or expense as is directly attributable to the quitting of the holding as the tenant may unavoidably incur in connection with the sale
Contract of agency and contract of sale
his own property but sells the same as the property of the principal and under his instructions and directions. Furthermore, since the agent is not the owner of the goods, if any loss is suffered by the
Non-performing asset
been classified by a bank or financial institution as sub-standard, doubtful or loss asset, in accordance with the directions or under guidelines relating to assets classifications issued by the Reserve Bank. [Securitisation and Reconstruction of Financial Assets
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Joint venture
and share risks. It requires a community of interest in the performance of the subject-matter, a right to direct and govern the policy in connection therewith, and duty, which may be altered by agreement, to share both … policy in connection therewith, and duty, which may be altered by agreement, to share both in profit and losses, New Horizons Ltd. v. Union of India, (1995) 1 SCC 478.
Costs
or defence, or called to give evidence at the instance of the court, for the expense, trouble, or loss of time properly incurred in or incidental to the attendance and giving of evidence, and the amount of … entitled to costs on a county court scale only, the taxing master shall have the same power of directing on what county court scale and under what column in the scale costs are to be allowed, and
Executor
creditors extravagant funeral expenses if the testator died insolvent; and if he neglects to secure the property, and loss ensue, he will be personally liable for a devastavit, but will not be responsible for mere neglect to … Executor. A person appointed by a testator to carry out the directions and requests in his will, and to dispose of the property according to his testamentary provisions after his
short
investor may choose or be compelled to repurchase the stocks at a higher price and to accept a loss. adv : by or as if by a short sale [sold the stock ] … is to profit from an anticipated drop in the price of a security or commodity. Typically, an investor directs a broker to borrow a quantity of stocks and to sell them at the current price. If the
Hire
satisfactorily established in our jurisprudence is a matter for consideration, since the Common Law does not furnish any direct recognition of them. But it may be safely affirmed that they are so consonant with general justice, and … efflux of time or the accomplishment of the object for which the thing is hired; (2) by the loss or destruction of the thing by any inevitable casualty; (3) by a voluntary dissolu-tion of the contract by
Salvage
Oleron, and Wisby, and is also allowed by all modern maritime states; the person who saves goods from loss or imminent peril has a lien upon them, and may retain them till payment of salvage. In this, … to be paid, adjusts the proportions, and takes care of the property pending the suit; or, if necessary, directs a sale and divides the proceeds between the salvors and the proprietors. In fixing the rate of salvage,
Interest
Interest, an interest for the purposes of the regula-tion was not limited to a direct financial interest and included membership of a panel such as the panel of which the claimant's solicitors were … compensation fixed by agreement or allowed by law for the use or detention of money, or for the loss of money by one who is entitled to its use; especially, the amount owed to a lender in
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