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Maker

promissory note; by making it he 'engages that he will pay it according to its tenour, and is precluded from denying to a holder in due course the existence of the payee and his than capacity to

Stare decisis

resort should not be lightly disregarded and set aside but should be adhered to and followed. What it precludes is that where a principle of law has become established by a series of decisions, it is binding

Stamp duties

an unstamped assignment of a life policy, made void every condition of sale framed with a view of precluding objection or requisition upon the ground of absence or insufficiency of stamp upon any instrument executed after 16th

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Retainer of debts

Retainer of debts. An executor or administrator (not being a creditor-administrator, who is now precluded from retaining by the form of the administration bond) has a legal right to retain his own debt

Preliminary point

of a suit but comprehends all points or issues, whether of facts or law, determination of which has precluded the necessity for determining other points or issues which have, therefore, been left undetermined, Vassantimal Devaldas v. Hiromal

Policy of group insurance

of them, determined by conditions pertaining to the employment, for amounts of insurance based upon a plan which precludes individual selection. [Indian Stamp Act, 1899 (2 of 1899), s. 2 (19A); Rajasthan Stamp Act, 1999, s. 2(28)]

Nemo dat qui non habet

title to the goods than the seller had, unless the owner of the goods is by his conduct precluded from denying the seller's authority to sell.'

estoppel

denied in the new position. Some jurisdictions retain the requirement of misrepresentation. estoppel by deed : an estoppel precluding a person from denying the truth of any matter that he or she asserted in a deed esp.

Locke's Act

69, and 40 & 41 Vict. c. 34)), whereby the heir or devisee of real estate was first precluded from claiming payment of a mortgage on such estate out of the personal assets of the ancestor or

Cognizance

'power to try and determine causes'. In common parlance it means taking notice of. A court, therefore, is precluded from entertaining a complaint or taking notice of it or exercising jurisdiction if it is in respect of

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