Payee - Law Dictionary Search Results
Gratuity
in the discretion of the employer whether to make the payment or not and also to choose the payee as well as the quantum of payment. However, in the industrial adjudication it was considered as a reward
In the pay of
inhere a master-servant or command-obedience relationship between the Government as the payer and the public servant as the payee and may comprehend a situation that the person may be in the pay of the government without being
Indorser
Indorser, he who indorses, i.e., being the payee or holder, writes his name on the back of a bill of exchange, etc. [NI Act, 1881 (26
Keep your definitions linked to case research
Maker
to its tenour, and is precluded from denying to a holder in due course the existence of the payee and his than capacity to endorse.'-Bills of Exchange Act, 1882, s. 88.
Post-dated cheque
purpose of issuing a post-dated cheque is to prevent the drawee banker from paying the cheque to the payee or a holder before the date written on the cheque. It is clear that the instrument is a
Rate payer
Rate payer, 'rate payee' means a person liable to pay any rate, tax, cess or licence fee under this Act. [New Delhi
drawee
drawee : the party (as a bank) on which a draft is drawn compare drawer, payee
- ‹ Prev
- 1
- 2
- Next ›
Try the research workspace - 7 days free