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Underwriting agreement

Underwriting agreement, an underwriting agree-ment is a contract that the underwriters will either himself purchase or procure purchasers for the shares underwritten by him, Nami Gopal Lahiri v. State of Uttar Pradesh, (1965)

Undeveloped land

Underwriting agreement, an underwriting agree-ment is a contract that the underwriters will either himself purchase or procure purchasers for the shares underwritten by him, Nami Gopal Lahiri v. State of Uttar Pradesh, (1965)

tax shelter

arrangement whose principal purpose is the avoidance or evasion of income tax ;also : an interest offered or purchased on the premise that it will provide favorable tax consequences [purchased limited partnership tax shelters]

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Value

exchange have frequently little or no value in use. Nothing is more useful than water, but it will purchase scarce anything; scarce anything can be had in exchange for it. A diamond, on the contrary, has scarce

Quati minoris

Quati minoris, means an action brought by a purchaser of an article to reduce the purchase price due to the article's defects, Black's Law Dictionary, 7th Edn.,

Tail

construction it appeared that the words were terms of limitation and not gifts to children or issue as purchasers or otherwise; thus a devise. To A. and his issue; or To A. and his seed; or children;

Priority

of Property Act, 1925, s. 2, and is made in accordance with the statutory requirements, the mortgagees as purchasers, whether registered or not, will not be affected by equities which can be overreached under that section, or

nonreturnable

That may not be returned for a refund of purchased goods or containers for purchased items as nonreturnable bottles Opposite of returnable

Acquired possession

of s. 135(1) are not to be restricted to 'possession' or 'keeping' acquired as an owner or a purchaser of the goods. the expression 'acquired possession' is of very wide amplitude and will certainly include the acquisition

Adulteration

50l.; for a second offence by imprison-ment not exceeding six months. The sale to the prejudice of the purchaser of articles of food and drugs not of the nature, substance or quality demanded by the purchaser, is

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