Section 529 of the Companies Act, 1956
which provides for "mutual credit" to avoid injustice which would otherwise be
caused by compelling ... distinct entity and unit of assessment,
having regard to mutuality concept implicit in the dealings between the partners
and the firm.
24. The netting principle
nature of trading receipts and the same stood covered by the
concept of mutuality.
2.4 The first appeal filed by the appellant/revenue was dismissed ... strongly contended that the present case clearly
stands governed by the concept of mutuality.
6. Thence, fulcrum of the present dispute being on the concept
Fletcher by holding that the rule "derives from a conception of mutual duties of neighbouring landowners", and was therefore inapplicable to personal injuries
prima facie case and undue
hardship were held earlier to be mutually inclusive concepts.
Gradually, this position has undergone some change, as is clear from
totally unjustified, violative of principles of natural justice and against the concept
of mutuality as is understood in law. It was also contended that ... follows:
"3. The issue with regard to the concept and principle of
mutuality has been elaborately examined by the apex Court in
Chelmsford Club
alone approach the Court of law for a
decree of divorce by mutual consent."
13. The legislature has thus no doubt liberalized the
theory ... grant of divorce. The Amendment was
introduced to add a concept of mutuality to divorce thus
recognizing the social reality that some marriages
Fletcher by holding that the rule "derives from a conception of mutual duties of neighbouring landowners", and was therefore inapplicable to personal injuries
carve out another line of
divorce by bringing in the concept of mutual consent introducing
Section 13B. The scheme of this Section provided ... Section 13 of the said
Act but introduced the concept of a divorce by mutual consent, i.e.,
parties without alleging anything against each other
with the provisions of the Act. The 1976 amendments
added a concept of mutuality in relation to dissolution of
marriage. The purpose of introducing mutuality ... permits
the parties to rethink and not proceed with mutual consent
divorce - a concept which is based upon mutuality, an
agreement to divorce cannot
grounds. By way of amendment in the
year 1976, the concept of divorce by mutual consent was
introduced. However, Section 13-B(2) contains ... permits the
parties to rethink and not proceed with mutual consent divorce -
a concept which is based upon mutuality, an agreement to
divorce cannot
