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Person interested

Acquisition Act, 1894, s. 3(b)] Means the person who claims interests in the lands by virtue of their purchase are person interested, Ramahari Maharana v. Land Acquisition Officer, AIR Ori 198: (1969) 35 Cut LT 358.

Perquisite

something gained by a place or office over and above the stated wages; anything gotten by industry or purchase with money different from that which descends from a father or ancestor; also fines of copy holds, heriots,

Perpetuity

of Lewis (1849); Marsden (1883); and Prof. Gray (Boston, U.S.A., 2nd Edn. 1906); and as to option of purchase in a lease, and the present restrictions on the creation of a lease in futuro, see OPTION and

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Performance guarantee

Performance guarantee, includes the documents such as letter of comfort, paper purchase agreement, state support agreement, concession agreement for infrastructure project and other agreements guaranteed in certain performance on behalf

Package, Seavage, Bailage, and Portage

of aliens. The Act 3 & 4 Wm. 4, c. 66, authorized the Lords of the Treasury to purchase these duties from the city. This was done at an expense of about 1,40,000l., and the duties were

Oversubscription

Oversubscription, means a situation in which there are more subscribers to a new issue of securities available for purchase, Black's Law Dictionary, 7th Edn., p. 1130.

Out put tax

or sub-s. (3) of s. 24, or sub-s. (3) of s. 30 in respect of any sale, or purchase, of goods made by him in West Bengal. [The West Bengal Value Added Tax Act, 2003, s. 2(26)]

Order and Disposition

Order and Disposition of goods and chattels; when goods are in the order and disposition of a bankrupt, they go to his trustee, and have gone so since the time of James I. See BILL OF...

Open contract

may modify these implications, as a contract to sell land without mentioning the day for completion of the purchase, or without stipulations as to title or otherwise. See Vendor and Purchaser Act, 1874, ss. 1, 2; Conveyancing

Land charge

which a 'land charge,' created after the commencement of that Act-i.e., after 1st January, 1889-is void against a purchaser for value of the land charged therewith, unless it has been registered in the 'Register of Charges,' in

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