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          Due diligence

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          Due diligence requires reasonable, prudent efforts to satisfy legal obligations rather than exhaustive measures. The legal concept of due diligence denotes the level of care and persistent effort a reasonable person must exercise to satisfy a legal requirement or discharge an obligation. The operative standard is one of reasonable diligence or the prudent person benchmark: conduct a prudent individual would employ, requiring reasonable measures under the circumstances rather than exhaustive or impossible actions.
                            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.

                                  Due diligence requires reasonable, prudent efforts to satisfy legal obligations rather than exhaustive measures.

                                  The legal concept of due diligence denotes the level of care and persistent effort a reasonable person must exercise to satisfy a legal requirement or discharge an obligation. The operative standard is one of reasonable diligence or the prudent person benchmark: conduct a prudent individual would employ, requiring reasonable measures under the circumstances rather than exhaustive or impossible actions.





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                                  ActsIncome Tax
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