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Principal - Indian Laws - GeneralExtract Meaning of Principal As per Collins Cobuild Advanced Learner s English Dictionary , Fourth Edition, Page-1134 :- Principal-Principal means first in order of importance Black s Law Dictionary, Eighth Edition, Page-1230 :- Principal-Chief, primary, most important, one who authorizes another to act on his or her behalf as an agent. Dr. A. R. Biswas Encyclopaedic Law Dictionary (Legal and Commercial), 3rd Ediction 2008, Page-1156 :- Principal-the person for whom an act is done by the agent is called principal ; a person who employs an agent to do some act for him. P Ramanatha Aiyar s The Law Lexicon , The Encyclopaedic Law Dictionary, Fourth Edition, Page-1489 :- Principal-One who employs another to act for him subject to his general control and instruction; the person from whom an agent s responsibility is derived; Principal means highest in rank, authority, character, importance, or degree; most considerable or important; chief; main (as) the principal officers of a government, the principal men of a state, the principal productions of a country, the principal arguments in a case. M/S UNIVERSAL INSULATOR AND CERAMICS LTD. VERSUS OFFICIAL LIQUIDATOR HIGH COURT, ALLAHABAD - 2019 (10) TMI 1396 - ALLAHABAD HIGH COURT
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