Royalty - Indian Laws - General

Interpretation of word Royalty Words and Phrases, Permanent edition: Royalty is the share of the produce reserved to the owner for permitting another to exploit and use property. The word royalty means compensation paid to landlord by occupier of land for species of occupation allowed by contract between them. Royalty is a share of the product or profit (as of a mine, forest, etc.) reserved by the owner for permitting another to use his property. Stroud s Judicial Dictionary of Words and Phrases: the word royalties signifies, in mining leases, that part of the reddendum which is variable, and depends upon the quantity of minerals gotten or the agreed payment to a patentee on every article made according to the patent. Rights or privileges for which remuneration is payable in the form of a royalty. Words and Phrases, Legally Defined: A royalty , in the sense in which the word is used in connection with mining leases, is a payment to the lessor proportionate to the amount of the demised mineral worked within a specified period. Wharton s Law Lexicon: Royalty , payment to a patentee by agreement on every article made according to his patent; or to an author by a publisher on every copy of his book sold; or to the owner of minerals for the right of working the same on every ton or other weight raised. Mozley and Whiteley s Law Dictionary: A pro rata payment to a grantor or lessor, on the working of the property leased, or otherwise on the profits of the grant of lease. The word is especially used in reference to mines, patents and copyrights. Prem s Judicial Dictionary: Royalties are payments which the Government may demand for the appropriation of minerals, timber or other property belonging to the Government. Two important features of royalty have to be noticed, they are, that the payment made for the privilege of removing the articles is in proportion to the quantity removed, and the basis of the payment is an agreement. Black s Law Dictionary: Royalty: A share of the product or profit from real property, reserved by the grantor of a mineral lease, in exchange for the lessee s right to mine or drill on the land. [STATE OF WEST BENGAL AND ANOTHER VERSUS KESORAM INDUSTRIES LTD. AND ANOTHER- 2004 (1) TMI 71 - SUPREME COURT]