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Industry

something employers create or undertake' is gradually yielding place to the modern concept which regards industry as a joint venture undertaken by employers and workmen - an enterprise which belongs equally to both. an activity can be

Money

authorized or adopted by a domestic or foreign Government as a part of its currency, VCC $1-2-1(24).' Stroud's Judicial Dictionary, 5th Edn., defines it as follows: 'Money as currency and not as medals, seems to me to

Money Bill

authorized or adopted by a domestic or foreign Government as a part of its currency, VCC $1-2-1(24).' Stroud's Judicial Dictionary, 5th Edn., defines it as follows: 'Money as currency and not as medals, seems to me to

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discharge

(an instrument) no longer enforceable [a formal instrument…may be discharged by either cancellation or surrender "J. D. Calamari and J. M. Perillo"] b : to release (a debtor in bankruptcy) from liability for his or her debts 2

Toll

railway.' See Railway and Hunt v. Great Northern Railway Co., (1851) 10 CB 900. County Courts have no jurisdiction over tolls. [(English) County Courts Act, 1933, s. 40] The expression 'toll' normally means a definite payment exacted

Common employment

compensation was adjusted accordingly, or, in other words, that these risks are considered in the wages' [per Balckburn, J., Morgan v. Vale of Neath R. Co., (1864) 5 B&S 578]. For review of cases, see Bray, J.,

Property

of India, AIR 1978 SC 802. Decree is to be treated as property, Associated Hotels of India v. Jodha Mal Kuthiala, AIR 1950 Punj 201. Every movable property is included in the ordinary connotation of the word

Goods

v. Balram Prasad Sharma, (2000) 7 SCC 264; Also Bailey's large dictionary of 1732; Webster's dictionary and Dr. Johnson's Dictionary. See also C.C.E. v. Eastend Paper Industries Ltd., (1989) SCC 244: 1989 SCC (Tax) 602; Union of

Person

Firm Pannaji v. Devichand Kapurchand, 99 IC 640. Person, does not include court, Kharka Gigabhai Mavji v. Soni Jagjivan Kanji, (1979) 20 Guj LR 256. Person, implies only an individual and does not bear scrutiny when construed

Business

1951), s. 24] --Business would undoubtedly be property, unless there is something to the contrary in the enactment, J.K. Trust Bombay v. CIT, (1958) SCR 65: 1957 SCJ 845: AIR 1957 SC 846. Business includes the activities

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