Fair Consideration - Law Dictionary Search Results
fair consideration
Matched in: Term fair consideration
Reasonable doubt
an over-emotional response. A reasonable doubt is not an imaginary, trivial or a merely possible doubt; but a fair doubt based upon reason and common sense, State of U.P. v. Krishna Gopal, AIR 1988 SC 2154 (2161): … 7th Edn., p. 1272. If a reasonable doubt arises in the mind of the court after taking into consideration the entire material before it regarding the complicity of the accused the benefit of such doubt should be
Fairness
Fairness, is a fundamental principle of good administration. It is a rule to ensure the vast power in the … is used for proper and not for improper purposes. The authority is not misguided by extraneous or irrelevant considerations. Fairness is also a principle to ensure that statutory authority arrives at a just decision either in promoting
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consideration
Matched in: Term consideration
reasonably equivalent value
by a debtor esp. in bankruptcy and that is not therefore evidence of a fraudulent conveyance see also fair consideration at consideration
Discretion
exercise of judgment and a consideration of the facts and circumstances with are necessary to make a sound, fair and just determination and a knowledge of the facts upon which discretion may properly operate. When it is
Adequate
And when used to qualify consideration, it has been defined thus; in the same volume at page 545: 'Fair consideration in money or money's worth' is consideration which under all circumstances is hones, reasonable, and free from suspicion,
equity
equity pl: -ties [Latin aequitat- aequitas fairness, justice, from aequus equal, fair] 1 a : justice according to fairness esp. as distinguished from mechanical application … fair] 1 a : justice according to fairness esp. as distinguished from mechanical application of rules [prompted by considerations of ] [comity between nations, and require it to be paid for "F. A. Magruder"] b : something
value
value 1 a : a fair return or equivalent in goods, services, or money for something exchanged [received good for the price] b : … or equivalent in goods, services, or money for something exchanged [received good for the price] b : valuable consideration at consideration 2 : monetary worth ;esp : market value val·ue·less adj vt val·ued valu·ing : to estimate
Judicial
it is necessary to bring to bear a judicial mind, that is, a mind to determine what is fair and just in respect of the matters under consideration, Royal Aquarium and Summer and Winter Garden Society Ltd.
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