Maximum Demand - Law Dictionary Search Results
Home Dictionary Name: maximum demandMaximum demand
Maximum demand, The 'maximum demand' as defined in s. 2(8) of the Act has always a reference to a past period and there can be no maximum demand in relation to a future period. The phrase should not be given two different meanings, one for the licensee and the other for the consumer asking for the maximum demand, The Sihor Electricity Works Ltd. v. Gujarat Electricity Board, AIR 1969 SC 770: (1969) 1 SCC 423: (1969) 3 SCR 438....
off season
of or relating to a season of less than maximum demand as off season hotel rates are lower...
Maximum period
Maximum period, As Parliament has power to repeal a law fixing the maximum period under Article 22(7) (b), the longer period fixed under the later law of detention would become the maximum period. The word 'may' in Article 22(7) amounts to 'shall', Fagu Shaw v. State of West Bengal, AIR 1974 SC 613: (1974) 4 SCC 152: (1974) 2 SCR 832. [Constitution of India, Art. 22(7)]...
Maximum retail price
Maximum retail price, means the maximum price fixed by an entity at which the petroleum, petroleum products and natural gas may be sold to the retail consumers and includes all taxes, cess and levies local or otherwise and freight or commission payable to the dealers. [The Petroleum and Natural Gas Regulatory Board Act, 2006, s. 2(n)]...
Payable on demand
Payable on demand, The words 'payable on demand' in a promissory note mean payable 'at once'. Ajyappankutty v. Mathoo Mathai, AIR 1955 Trav 65 (66). (Travancore Cochin Stamp Act, 1899, Art. 89)The words 'payable on demand' have been given different meaning when applied with reference to 'money lent' and 'money deposited'. In the content of Art. 21, the meaning and effect of these words is 'always payable' or payable from the moment when the loan is made, whereas in the content of Art. 22, 'the meaning is 'payable when actually a demand for payment is made'. The words 'on demand' in law have a special meaning and when an agreement states that an amount is payable on demand. It implies that it is always payable, that is payable forthwith and a demand is not a condition precedent for the amount to become payable. The meaning attached to the expression 'on demand' as 'always payable' or 'payable forthwith without demand' is not one of Universal application. The said meaning is normally app...
Demand
Demand [fr. demando, fr. mando, Lat., manudare, to hand-give; mander, Fr., to send for], a claim, a challenging, the asking of anything with authority, a calling upon a person for anything due. It is either in deed, written or verbal, as a demand for rent, or an application for payment of a debt; or in law, as an entry on land, distraining for rent, bringing an action. See DETINUE; LIMITATIONS.The word 'demand' ordinarily means something more than what is due; it means something which has been demanded called for or asked for. The word 'demand' in the collocation of words in which it has been used can only mean 'in excess of one year's municipal tax or other dues', Mangoo Singh v. Election Tribunal, AIR 1957 SC 871 (874, 875): 1958 SCR 418. [U.P. Municipalities Act, 1916 (2 of 1916), s. 13D(g) & 168]...
Maximum marginal rate
Maximum marginal rate, means the rate of wealth-tax applicable in relation to the highest slab of wealth in the case of an individual as specified in part I of Schedule I. [Wealth-tax Act, 1957 (27 of 1957), s. 2 (lc)]...
demand
demand 1 : a formal request or call for something (as payment for a debt) esp. based on a right or made with force [a shareholder must first make a on the corporation's board of directors to act "R. C. Clark"] [a written for payment] 2 : something demanded [any s against the estate] see also claim on demand : upon presentation and request for payment vt : to ask or call for with force, authority, or by legal right : claim as due [any party may a trial by jury of any issue triable of right by a jury "Federal Rules of Civil Procedure Rule 38(b)"] de·mand·able adj ...
Demand liabilities
Demand liabilities, means liabilities which must be met on demand, and 'time liabilities' means liabilities which are not demand liabilities. [Bank-ing Regulation Act, 1949 (10 of 1949), s. 5 (f)]...
reconventional demand
reconventional demand in the civil law of Louisiana : counterclaim [allowed to make a reconventional demand arising from a different transaction with the plaintiff] ...
- << Prev.
- Next >>
Sign-up to get more results
Unlock complete result pages and premium legal research features.
Start Free Trial