On account - Indian Laws - General

Word On account In Chamber s 20th Century Dictionary, New Edition, page 8. thus: On one s own account means for one s own sake; on one s responsibility. The Random House Dictionary of the English Language, College Edition page 10. On account of means a. by reason of; because of; b. for the sake of. The Reader s Digest Great Encyclopaedic Dictionary, Volume 1, page 23. On account of means in consideration of; because of. Concise Oxford Dictionary 7th Edition page 7. On one s own account means for and at one s own purpose and risk. Shorter Oxford Dictionary, Vol. 1 page 13. On one s account means in his behalf and at his expenses. In Collins English Dictionary at page 9 on account of in item 16, it is stated, because of; by reason of, In Black s Law Dictionary, sixth edn. relating to commercial transactions it is stated at page 18 thus a statement of pecuniary transactions; a record or course of business dealings between parties....accounts payable.... In Ramanatha Aiyer s, the Law Lexicon, Reprint Edn. 1987, account for is defined at page 17 thus in respect of moneys to render an account of and to be responsible for . [AMERICAN EXPRESS BANK LTD. VERSUS CALCUTTA STEEL CO. AND ORS.- 1992 (12) TMI 233 - SUPREME COURT]