Section 3 - Page 3 - Law Dictionary

allonge

allonge [French, literally, something that lengthens, from Old French alonge, from alongier to make long, ultimately from Latin longus long] : a paper attached to an instrument to provide space for additional endorsements : rider NOTE: Under Uniform Commercial Code section 3-202(2), an allonge must be so firmly affixed to the instrument that it becomes part of it in order for the endorsements to be valid. Endorsements on an allonge are often considered invalid if there is still room on the instrument for endorsements. ...

Lunatic

Lunatic. By the (English) Mental Treatment Act, 1930 (20 & 21 Geo. 5, c. 23), s. 20, the word 'lunatic,' except in the phrase 'criminal lunatic' and in relation to persons detained as lunatics outside England, shall cease to be used in relation to any person of or alleged to be of unsound mind, and the words ''person of unsound mind,' 'person,' 'patient of unsound mind,' or 'of unsound mind,' or such other expression as the context may require are to be substituted in any enactment or document thereunder. See PERSON OF UNSOUND MIND. Mental Treatment Act, 1930 (20 & 21 Geo. 5, c. 23).The general principle governing contracts entered into by insane persons is laid down in The Imperial Loan Co. v. Stone, (1892) 1 QB 559. 'Where a person enters into a contract, and afterwards alleges that he was so insane at the time that he did not know what he was doing and proves the allegation, the contract is as binding on him in every respect, whether it is executory or executed, as if he had been sa...

Life Insurance Corporation

Life Insurance Corporation, means the Lie Insurance Corporation of India established under section 3 of the Life Insurance Corporation Act. [Small Industries Development Bank of India Act, 1989, s. 2 (ha)]Means the Life Insurance Corporation of India established under the life Insurance Corporation Act, 1956 (31 of 1956). [Income Tax Act, 1961 (43 of 1961), s. 80C]...

board

board often cap 1 a : a group of individuals having managerial, supervisory, investigatory, or advisory powers over a public or private business, trust, or other organization or institution [Board of Regents] [Board of Bar Overseers] b : board of directors 2 a : a group of citizens elected to administer the business of or an aspect of the business of a political unit (as a town or county) [a of selectmen] b : a federal, state, or local government agency see also National Labor Relations Board in the Important Agencies section 3 : a securities or commodities exchange see also board of trade ...

Additional Judge

Additional Judge, A person appointed as an additional judge under sub-section (3) of sec. 222 of the Govt. of India Act, 1935. [High Court Judges (Conditions of Service) Act, (28 of 1954), s. 2(d)]...

His own occupation

His own occupation, the expression 'his own occu-pation' as occurring in sub-clause (i) of clause (a) of sub-section (3) is not to be assigned a narrow meaning. It has to be read liberally and given a practical meaning 'His own occupation' does not mean occupation by the landlord alone and as an Individual [See H.P. Urban Rent Control Act, 1987], Kailash Chand v. Dharamdass, (2005) 5 SCC 375.means occupation of himself and all persons who are dependent on him, Institute of Radio Technology v. Pandurang Baburao, AIR 1946 Bom 212: ILR 1945 Bom 1038; see also Dwarkaprasad v. Niranjan, (2003) 4 SCC 549....

Unit trust

Unit trust, means the Unit Trust of India established, under section 3 of the Unit Trust of India Act, 1963. [Reserve Bank of India Act, 1934 (2 of 1934), s. 2(g)]...

Public company

Public company, shall have the same meaning as in section 3 of the Companies Act, 1956 (1 of 1956). [Income-Tax Act, 1961 (43 of 1961), s. 80C]...

Under this section

Under this section, the words 'under this section' in the Explanation are significant relating, as it does, to the governing topic in the section, namely, computation of the period of limitation, Udayan Chinubhai v. R.C. Bali, AIR 1977 SC 2319 (2326): (1977) 4 SCC 309: (1978) 1 SCR 547. [Limitation Act, 1963, s. 12(2)]...

Sectionality

The state or quality of being sectional sectionalism...

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