Valuable Consideration - Law Dictionary Search Results
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
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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
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