Lay Days - Law Dictionary Search Results
Home Dictionary Name: lay daysLay days
Lay days, running or consecutive days; a term used as to the time of loading and unloading ships, etc. see DEMURRAGE....
Running days
Running days. See LAY DAYS....
Demurrage
Demurrage, a term used in commercial navigation, signifying on allowance made to the owners of a ship by the freighter, for detaining her in port longer than the period agreed upon for her sailing. It is usually stipulated in charter-parties and bills of lading, that a certain number of days, called running or working or lay days, shall be allowed for receiving or discharging the cargo, and that the freighter may detain the vessel for a further specified time, or as long as he pleases, on payment of so much per diem for such overtime. When the contract of affreightment expressly stipulates that so many days shall be allowed for discharging or receiving the cargo, and so many more for overtime or demurrage days, such limitation is interpreted as an express stipulation on the part of the freighter that the vessel shall in no event be detained longer; if detained the charterer, is liable for damages for breach of contract for which the rate of demurrage is generally the measure. This hold...
Lay off
Lay off, s. 2(kkk) of Industrial Disputes Act, 1947 defines a lay off. Lay-off may be due to shortage of coal or shortage of power or shortage of raw materials or accumulation of stocks or break-down of machinery or any other reason, Management of Kairbetta Estate v. Rajamanickam, AIR 1960 SC 893: (1960) 3 SCR 371.It means the failure, refusal or inability of employer on account of contingencies mentioned in clause (kkk) of the Industrial Disputes Act, s. 2 to give employment to a workman whose name is borne on the muster rolls of his industrial establishment. It is merely a fact of temporary unemployment of the workman in the work of the industrial establishment. The principles governing the case of lay-off are very akin to those applicable to a suspension case. When lay-off is found justified workmen may not be awarded any wages or compensation, Workmen of M/s. Firestone Tyre & Rubber Co. of India (P) Ltd. v. Firestone Tyre & Rubber Co., AIR 1976 SC 1775: (1976) 3 SCC 819: (1976) 3 S...
Lay impropriators
Lay impropriators, lay persons to whose use ecclesiastical benefices have been annexed. At the dissolution of the monasteries by stat. 27 Hen. 8, c. 28, and 31 Hen. 8, c. 13, the appropriations of the several parsonages which belonged to them were given to the king. The same had been done in former reigns when the alien priories were dissolved and given to the Crown. From these two roots have sprung all the lay impropriations or secular parsonages, they having been afterwards granted out from time to time by the Crown to laymen. See APPROPRIATION AND LAY RECTOR....
Lay Rector
Lay Rector. A person holding by title under lay impropriation (see that title). As to the lay rector's liability to repair, see Morley v. Leacroft, 1896, P. 92, and Stuart v. Haughley Parish Church Council, 104 LJ Ch 314, with the rights to contribution from other lay impropriators. As to any right to occupy a seat in the chancel of a church, see Stileman-Gibbard v. Wilkinson, (1897) 1 QB 749....
Days of grace
Days of grace. Time of indulgence granted to an acceptor for the payment of his bill of exchange. It was originally a gratuitous favour (hence the name), but custom has rendered it a legal right.The number of these days varies according to the ancient custom or express law prevailing in each particular country. In the (English) United Kingdom, by the Bills of Exchange Act, 1882 (45 & 46 Vict. c. 61), s. 14, 'where a bill' (i.e., a bill of exchange or promissory note) 'is not payable on demand, the day on which it falls due is determined as follows:-Three days, called days of grace, are, in every case where the bill itself does not otherwise provide, added to the time of payment as fixed by the bill, and the bill is due and payable on the last day of grace,' with a proviso that where the last day of grace falls on Sunday, Christmas Day, or Good Friday, or a public fast or thanksgiving day, the bill is payable on the preceding business day, or on the succeeding business day if the last d...
Appointed day
Appointed day. A day fixed by an Act of Parliament for some purpose of the statute; see, e.g., the Local Government Act, 1894, s. 84; Merchant Shipping Act, 1906, s. 5.In relation to a Tribunal or an Appellate Tribunal, means the date on which such Tribunal is established under sub-s. (1) of s. 3 or, as the case maybe, sub-s. (1) of s. 8. [Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (13 of 1985), s. 2 (c)]In relation to a Tribunal, means the date with effect from which it is established, by notification, under s. 4. [Administrative Tribunals Act, 1985 (13 of 1985), s. 3 (c)]In relation to any provision of this Act, means the day on which that provision comes into force. [Advocates Act, 1961 (25 of 1961), s. 2 (b)]Means the date on which the Corporation is established under s. 3. [Life Insurance Corporation Act, 1956 (31 of 1956), s. 2 (1)]Means the date on which these rules shall come into force. [Supreme Court Rules, 1966, s. 2 (1) (c)]Means the day following i...
Business day
Business day, For the purposes of the (English) Bills of Exchange Act,1882, s. 92 provides that any day other than (a) Sunday, Good Friday, Christmas Day, (b) a bank holiday, (c) a day appointed by royal proclamation as a public fast or thanksgiving, is a business day.Business day means any day other than a Saturday, a Sunday, Christmas day, Good Friday or a day which is a bank holiday in any part of Great Britain; Halsbury's Laws of England, Vol. 8(1), 4th Edn., Para 1294, p. 1009....
Day
Day [fr. dies, Lat.; tag, Germ.], in its largest sense the time of a whole apparent revolution of the sun round the earth, but , in its popular acceptation, that part of the twenty-four hours when it is light, or the space of time between the rising and the setting of the sun. by the Roman Calendar the day commenced at midnight; and most European nations reckon in the same manner.In the space of a day all the twenty-four hours are usually reckoned. Therefore, in general, if I am bound to pay money on any certain day, I discharge the obligation if I pay it before twelve o'clock at night; after which the following day commences.If anything is to be done within a certain time, of, from, or after the doing or occurrence of something else, the day on which the first act or occurrence takes place is to be excluded from the computation, Williams v. Burgess, (1840) 12 A&E 635. In certain legislative and justiciary acts, e.g., the proceedings of the House of Lords as recorded in the Journals of...
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