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Probation

1958 SC 36: 1958 (1) LLJ 544: 1958 SCJ 217. Probation. (1) Proof generally. (2) Suspension of a final appointment to an office until a person tempo-rarily appointed (who is called a 'probationer') has by his conduct

Profit

Andanappa, 1971 (3) SCC 870; Revenna Subanna v. GS Kaggerappa, AIR 1954 SC 653. Means whatever the company finally earns after deducting all the expenditure and it goes to the company, State of Maharashtra v. Chandrakant Solanki,

Prospective overruling

Prospective overruling, implies an earlier judicial decision on the same issue which was otherwise final, Somaiya Organics (India) Ltd v. State of Uttar Pradesh, (2001) 5 SCC 519.

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Advow, or Avow, or Avouch

avouer, to avow, came to signify the admission by a tenant of a certain person as feudal superior. Finally, with some grammatical confusion, the words advocare, and avow or avouch, came to be used in the sense

Boomerang

of throwing it often moving nearly horizontally a long distance then curving upward to a considerable height and finally taking a retrograde direction so as to fall near the place from which it was thrown or even

Act of Bankruptcy

and the date at which the sheriff is ordered to withdraw, or any interpleader issue ordered thereon is finally disposed of, shall not be taken into account in calculating such period of 21 days. (f) Having filed,

issue

that is affirmed by one side and denied by the other and that is a subject of the final determination (as by jury) of the proceedings genuine issue : an issue of fact that requires adjudication by

event

something that happens : occurrence 2 : the issue or outcome of a legal action or proceeding as finally determined

fund

diversification in investing executor fund : a fund established in estate planning to provide for the payment of final expenses by an executor joint wel·fare fund : a fund that is established by collective bargaining to provide

grievance procedure

A grievance procedure typically calls for initial complaints to a supervisor and leads ultimately to arbitration as a final step.

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