Borrow defined as obtaining money on loan for temporary use; Indian law includes raising money by annuities. The term borrow means obtaining money on loan for temporary use with intent to return it; it also covers adopting expressions from another source. Under Indian constitutional construction, borrow includes the raising of money by the grant of annuities and loan is to be construed accordingly.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Borrow defined as obtaining money on loan for temporary use; Indian law includes raising money by annuities.
The term borrow means obtaining money on loan for temporary use with intent to return it; it also covers adopting expressions from another source. Under Indian constitutional construction, borrow includes the raising of money by the grant of annuities and loan is to be construed accordingly.
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