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Incurability - Law Dictionary Search Results

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Bankruptcy debt

subject after the commencement of the bankruptcy (including after his discharge from bankruptcy) by reason of any obligation incurred before commencement of the bankruptcy, R (Steele) v. Birmingham City Council, (2006) 1 WLR 2380 (CA). Bankruptcy debt,

party

Commercial Code"] accommodated party : a party to an instrument for whose benefit an accommodation party signs and incurs liability on the instrument : a party for whose benefit an accommodation is made accommodation party : a

interest

: the interest of a party to a breached contract in being compensated for detriments suffered (as expenses incurred) in reliance on the agreement compare expectation interest in this entry reversionary interest : an interest in property

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Debts and liabilities

Debts and liabilities, incurred under contracts enter into by him in s. 19(5) as a matter of construction, legal expenses property incurred

debt

The historical practice of imprisoning debtors for nonpayment is no longer used. antecedent debt : debt that is incurred prior to a property transfer paying or securing the debt compare preference bad debt : a debt that

Ignorance of law is no excuse

invalid, in case it prescribes a differential treatment, and he must therefore, refuse to submit to it or incur the peril of the bar of waiver being raised against him, Basheshar Nath v. CIT, AIR 1959 SC

Fee

local authority or statutory corporation. The amount of fee levied is supposed to be based on the expenses incurred by the Government or the agency in rendering the service though in many cases the costs are arbitrarily

Financial obligations

so construed it implies an obligation in the nature of an obligation in respect of loans and guarantees incurred or undertaken by the State, State of West Bengal v. Serajuddin Batley, AIR 1954 SC 193 (194). [Indian

Fraudulent preferences

Fraudulent preferences. Every conveyances or tran-sfer of property or charge thereon made, every payment made, every obligation incurred, and every judicial proceeding taken or suffered by any person unable to pay his debts as they became

Fyht-wite

Fyht-wite, one of the fines incurred for homicide.

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