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Old machinery

be old machinery in the sense that it has become non-functional or non-usable, Rainbow Steels Ltd. v. C.S.T., AIR 1981 SC … to a sense analogous to the less general adjectives 'discarded, unserviceable or obsolete'. In order to fall within the expression 'old

note

a note for an obligation secured by a collateral note non-recourse note : a note whose satisfaction upon default may be … pledged to secure an obligation of which a hand note usually serves as evidence demand note : a note payable on

Intoxicating liquor

on-licences. In the case of other on-licences the grounds of non-renewal must rest mainly on misconduct, but it is further provided … Liquor should not only cover alcoholic liquor which is generally used for beverage purposes wand produce intoxication but would also include

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Attornment

rent to the grantor, or breach of the condition for non-payment, and by the same section of the (English) Act of … clauses, inasmuch as they require registration as bills of sale under the Bills of Sale Act, 1882, s. 6, are generally

Election

sue a retiring partner. Electio semel facta et placitum testatum non patitur regressum. Quod semel placuit in electionibus amplius displicere non … do one thing or another. It is the obligation imposed upon a person to choose between two inconsistent or alternative rights

bond

of a stipulated sum in the event of a party's nonperformance and that is often required for government contracts performance bond … bond 1 a : a usually formal written agreement by which a person undertakes to perform

Consideration

income with a view to its taxability or to its non-taxability and not to any incidental connection', C.I.T v. Gurjargravures (P.) … as to 'shock the conscience,' equity would quash the contract, upon the ground that such great inequality betokens mutual mistake, or

Goods

delivered, stored and possessed. If a software whether customized or non-customised satisfies these attributes, the same would be goods. Unlike the … Code definition includes 'specially manufactured goods', Advent Systems Ltd. v. Unisys Corpn., 925 F. 2d 670 3d Cir 1991. Associated Cement

use

the copyrighted work, and the amount of the work used. non·con·form·ing use : use of property in a manner that does … use 1 a : an arrangement in which property is granted

Market

owner of the place or by any other person. [Maharashtra Non-Biodegradable Garbage (Control) Act, 2006, s. 2(f)] … by temples, theatres, etc. A market can only be set up by virtue of a royal grant, or by long and

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