Obligate - Law Dictionary Search Results
Redemption
is the act of redeeming, which in its ordinary meaning is equal to bringing off a charge or obligation by payment--.By the down payment, the entire land revenue to be recovered from that land was redeemed. Redemption,
Liable
means 'Bound or obliged in law or equity; responsible; chargeable; answerable; compellable to make satisfaction, compensation or restitution..... Obligated: accountable for or chargeable with. Condition of being bound to respond because a wrong has occurred. Condition out
Obligor
Obligor, he who enters into an obligation or bond; a debtor. It means a person liable to a originator,
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Guarantee
a condition subsequent, Black's Law Dictionary, 7th Edn., p. 711. Company limited by. See COMPANIES. Guarantee includes any obligation undertaken before the commencement of this Constitution to make payments in the event of the profits of an
Hire
last are but sub-divisions of the general head of hire of labour and services. The rights, duties, and obligations of the parties resulting from the contract of bailment for hire may be thus stated:- (I.) Hire of
lien
lien [Anglo-French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind] : a charge or encumbrance
Condition
contract or to property may arise, become altered, or cease. Condition has been used in connection with personal obligations to distinguish one kind of obligation from another in the same transaction and to limit property. In their
Debt
in which it is used in, s. 60, C.P.C. Ordinarily, 'debt' means money that is owed; an existing obligation to pay certain amount; a sum of money due from one person to another, J. Jermans v. Aliamnal,
Fidei-commissum
Fidei-commissum, a testamentary disposition, by which a person who gives a thing to another imposes on him the obligation of transferring it to a third person. The obligation wass not created bywords of legal binding force (civilia
Payable
Durga Prosad Khaitan v. Commercial Tax Officer, AIR 1956 Cal 596 (598). The word 'payable' may signify an obligation to pay at a future time but when used without qualification in payable at once, S.P.L.P. Narayanan Chettiar
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