Forego - Law Dictionary Search Results
Home Dictionary Name: foregoForego
Forego, to 'forego' according to Shorter Oxford Dictionary means 'to go past, to neglect, slight, to let go, give up etc.' Foregoing, cancellation or suspension therefore would mean giving up or undoing the effect of cancellation, Karnal Distillery Co. Ltd. v. State of Haryana, (1970) 1 SCC 116 (120)....
Foregoers
Foregoers, royal purveyors, 26 Edw. 3, c. 5....
Waive
Waive, to forego, decline to take advantage of. 'A woman which is outlawed is called waived', Co. Litt. 122 b.1. To abandon, renounce or surrender (a claim, privilege, right etc.): to give up (a right, claim) 2. To refrain from instituting on (a strict rate formality, etc.); to forego, Black's Law Dictionary, 7th Edn...
Forego
To quit to relinquish to leave...
Foregoer
One who goes before another a predecessor hence an ancestor a progenitor...
Forequoted
Cited before quoted in a foregoing part of the treatise or essay...
Forgo
To pass by to leave See 1st Forego...
Current account transaction
Current account transaction, means a transaction other than a capital account transaction and without prejudice to the generality of the foregoing such transaction includes--(i) payments due in connection with foreign trade, other current business, services, and short-term banking and credit facilities in the ordinary course of business,(ii) payments due as interest on loans and as net income from investments,(iii) remittances for living expenses of parents, spouse and children residing abroad, and(iv) expenses in connection with foreign travel, education and medical care of parents, spouse and children. [Foreign Exchange Management Act, 1999 (42 of 1999), s. 2 (j)]...
Damdupat
Damdupat, the principle of Damdupat was evolved both as an inducement to the debtor to pay the entire principal and interest thereon at one and the same time in order to save interest in excess of the principal and as a warning to the creditor to take effective steps for realising the debt from the borrower within reasonable time so that there be not such accumulation of interest as would be in excess of the principal amount due, as in that case he would have to forego the excess amount. There may be justification for the principle of Damdupat applying in the case of an ordinary creditor and a debtor, but there seems no justification for extending that principle to the case of a trustee who has to pay interest on the funds in his hand with respect to which on certain grounds he is held liable to pay interest, Hukumchand Gulabchand Jain v. Fulchand Lakhmichand, AIR 1965 SC 1692 (1698): (1965) 3 SCR 1....
Discount
Discount [fr. dis and conte, Fr.], abatement; commonly a sum of money deducted from a money obligation in consideration of its payment before the stipulated time.Discount means the sum of money or the quantity of grain which a prized subscriber is, under the terms of the chit agreement, required to forego and which is set apart under the said agreement to meet the expenses of running the chit or for distribution among the subscribers or for both. [Chit Funds Act, (40 of 1982), s. 2(g)]Means the difference between the amount received or receivable by the infrastructure capital company or infrastructure capital fund or public sector company issuing the bond and the amount payable by such company or fund or public sector company on maturity or redemption of such bond. [Income Tax Act, 1961 (43 of 1961), s. 36(1) iii-a Expl.]...
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