Skip to content

Valuable Consideration - Law Dictionary Search Results

Research workspace

Save terms and build your research trail

A free trial unlocks notes, tags, search history, and the full AI Studio desk for judgment research.

Valuable consideration

Matched in: Term Valuable consideration

valuable consideration

Matched in: Term valuable consideration

Salary or wages

2002, s. 2(24)] Means a sale of goods made within the State for cash, deferred payment or other valuable consideration and includes-- (a) transfer, otherwise than in pursuance of a contract, of property in any goods for cash, … otherwise than in pursuance of a contract, of property in any goods for cash, deferred payment or other valuable consideration. (b) transfer of property in goods (whether as goods or in some other form) involved in execution of

Keep your definitions linked to case research

Consideration

Matched in: Term Consideration

Sale price

the goods sold. In that event the price fixed for the goods including the tax payable becomes the valuable consideration given by the purchasers for the goods purchased by him, Delhi Cloth and General Mills Co. Ltd. v. … 2 SCC 559: (1971) Supp SCR 945. (iii) 'sale price' means the amount payable to a dealer as valuable consideration for the sale of any goods, less any sum allowed as cash discount according to ordinary trade practice

consideration

Matched in: Term consideration

Purchase price

Purchase price, means the amount of valuable consideration paid or payable by a person for any purchase made including any sum charged for anything done by … such cost is separately charged. [The Maharashtra Value Added Tax Act, 2002, s. 2(20)] Means the amount of valuable consideration paid or payable by a person for any purchase made including the amount of duties levied or leviable

Voluntary conveyance

Voluntary conveyance. A conveyance by way of gift or otherwise without valuable consideration. Liable to be defeated, under 27 Eliz. c. 4, by a subsequent sale for value, but no voluntary … be deemed to have been made with intent to defraud by reason only that a subsequent conveyance for valuable consideration was made if that conveyance was made after the 18th January, 1893: (English) Law of Property Act, 1925,

Purchaser

Under the (English) Law of Property Act, 1925, s. 205, 'purchaser' means a purchaser in good faith for valuable consideration and includes a lessee, mortgagee or other person who for valuable consideration acquires an interest in property except … a purchaser in good faith for valuable consideration and includes a lessee, mortgagee or other person who for valuable consideration acquires an interest in property except that in Part I. (ss. 1 to 39) of the Act, purchaser

Trust

replaced by Administration of Estates Act, 1925, s. 1. A trust will be enforced wherever there is a valuable consideration; but, if it be merely voluntary, the equitable interest will not be enforced, unless an actual trust be … trustees, for then a consideration is not essential. An agreement founded on a meritorious consideration (i.e., a secondary valuable consideration, as in favour of a wife or children) will not be executed as against the settlor himself, but

  • ‹ Prev
  • Last »

Try the research workspace - 7 days free


AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial