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Absolute-priority rule

Absolute-priority rule, is a rule that a confirmable reorganization plan must provide for full payment to a class of dissenting

Decree-holder

Decree-holder, means any person in whose favour a decree has been passed or an order capable of execution has been made. [Code of Civil Procedure, 1908 (5 of 1908), s. 2 (3)]

Balance decree

Balance decree, word decree after the word 'balance' means entitlement to a further sum, N.K. Rajagarhia v. Mahavir Plantation Ltd., (2006) 1 SCC 502. --Includes the amount waived at the trial stage, N.K. Rajagarhia v. Mahavir...

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Bench ruling

case given by the judge while still on the bench, Webster's Dictionary of Law, Indian Edn. (2005), p. 47.

Blue Pencil Rule

Blue Pencil Rule, is a rule in contracts a court may strike parts of a covenant not to compete in order

Judgment decree or final order

in the case, Sardar Kapur Singh v. Union of India, AIR 1957 Punj 173. CPC, 1908, Order 20, Rules 1, 6A.

Peremptory Rule

Peremptory Rule. Formerly a defendant might obtain a peremptory rule to declare within a certain time, absolute in the first

Perfect tender rule

Perfect tender rule, means a rule that permits a buyer to reject goods if they or the tender of delivery fail … if they or the tender of delivery fail to conform to contract in any respect, Ramirez v. Autosport, 440 A. 2d 1345 (1982).

Preliminary decree

Preliminary decree, a preliminary decree is one which declares the rights and liabilities of the parties leaving the actual result to be worked out in further proceedings, Shankar Balwant Lokhande v. Chandrakant Shankar Lokhande, AIR 1995...

Rule against perpetuities

Rule against perpetuities, means the rule prohibit-ing a grant of an estate unless the interest must vest, if at

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