On account: denotes responsibility, causation, and accounting obligation affecting commercial and legal treatment. The expression 'on account' denotes responsibility, causation or consideration in ordinary usage, while in legal and commercial contexts it encompasses accounting relationships and obligations to render an account of moneys; dictionaries and legal lexica (including Black's Law Dictionary and Ramanatha Aiyer) support these meanings and a cited case is referenced for usage.
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.
On account: denotes responsibility, causation, and accounting obligation affecting commercial and legal treatment.
The expression "on account" denotes responsibility, causation or consideration in ordinary usage, while in legal and commercial contexts it encompasses accounting relationships and obligations to render an account of moneys; dictionaries and legal lexica (including Black's Law Dictionary and Ramanatha Aiyer) support these meanings and a cited case is referenced for usage.
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