Total Liabilities - Law Dictionary Search Results
Total liabilities
Matched in: Term Total liabilities
Discharge from liability
Discharge from liability, the words are apt to ex-press an intention of total extinction of the liability and should, specially in view of the international character of the legislation, be construed … Discharge from liability, the words are apt to ex-press an intention of total extinction of the liability and should, specially in
Discharged from liability
Discharged from liability, total extinction of the liability, East and West Steamship Co. v. S.K. Ramalingam Chettiar, AIR 1960 SC 1058: (1960) … Discharged from liability, total extinction of the liability, East and West Steamship Co. v. S.K. Ramalingam Chettiar, AIR 1960 SC 1058:
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Property
in Entry 42, List III has a wide connotation; and it includes not only assets, but the organisation, liabilities and obligations of a going concern as a unit, Shri Krishna Gyanoday Sugar Ltd. v. State of Bihar, … though it may be a source of economic gain or be a means of production is not the totality of the property, although it is the basic item that goes to make the same. Property thus in
capitalization
a sum resulting from a process of capitalizing ;esp : paid-in capital at capital [inadequate ] 3 : total capital liabilities of a business including both equity capital and debt capital NOTE: Equity capital is considered a
franchise
sum) specified in an insurance contract below which an insurer disclaims liability and above which the insurer assumes total liability compare deductible b : group insurance covering fewer than the minimum number of participants required by law … a business granted such a right or license [ran a fast-food ] 4 a : an amount of liability (as a percentage or sum) specified in an insurance contract below which an insurer disclaims liability and above
Valuable security
right, in the assessee, in the sense that he has a right to pay tax only on the total amount assessed therein and his liability to pay tax is also restricted to that extent. Therefore an 'order' … is created, extended, transferred, restricted, extinguished or released, or whereby any person acknowledges that he lies under legal liability, or has not a certain legal right, see also. [Dowry Prohibition Act, 1961 (28 of 1961), s. 2,
aggregate
aggregate : taken as a total [ liability] [a-grə-gāt] vb -gat·ed -gat·ing vt 1 : to combine or gather into a whole [class members … aggregate : taken as a total [ liability] [a-grə-gāt] vb -gat·ed -gat·ing vt 1 : to combine or gather into a whole [class members may their
Void
worthless; cipher; useless; and ineffectual etc., void agreements are destitute of all legal effects and force. They are totally ineffectual rather cipher. No legally enforceable relationship, right or liability emanates therefrom, Nutan Kumar v. IInd Addl. Dist. … of all legal effects and force. They are totally ineffectual rather cipher. No legally enforceable relationship, right or liability emanates therefrom, Nutan Kumar v. IInd Addl. Dist. Judge, Banda (F.B.), AIR 1994 All 298. Void, is used,
Turnover
Turnover, in laws dealing with Sales Tax, 'turnover' includes tax in calculating the total turnover, there is nothing wrong in treating the tax as part of the turnover, because, 'turnover' means the … out therein is to be taken into account. Excise duty though paid by the purchaser to meet the liability of the appellant, is a part of the consideration for the sale and is includible in the turnover
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