Obligation - Law Dictionary Search Results
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
lien
lien [Anglo-French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind] : a charge or encumbrance
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,
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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
Obligor
Obligor, he who enters into an obligation or bond; a debtor. It means a person liable to a originator, whether under a contract or otherwise,
Desertion
by the other without that other's consent and without reasonable cause. It is a total repudiation of the obligations of marriage. In view of the large variety of circumstances and of modes of life involved, the Court
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
security
a : something (as a mortgage or collateral) that is provided to make certain the fulfillment of an obligation [used his property as for a loan] b : surety see also security for costs 2 : evidence
condition
condition 1 : an uncertain future act or event whose occurrence or nonoccurrence determines the rights or obligations of a party under a legal instrument and esp. a contract ;also : a clause in the instrument
discharge
discharge 1 : to release from an obligation: as a : to relieve of a duty under an instrument (as a contract or a negotiable instrument)
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