INDIA CODE

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Section 2, FCRA 1952 [S10-1PF]

As at 7 September 2026. Repealed from 1 February 1953 by Forward Contracts (Regulation) Act, 1952 [A10-0PY].

In FCRA 1952 [A10-0PY]. This text from 1 February 1953. No other text held.

Cite: Section 2, FCRA 1952 [S10-1PF]. Machine: S10-1PF.

2. Definitions.—In this Act, unless the context otherwise requires,—

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(c) "forward contract" means a contract for the delivery of goods and which is not a ready delivery contract;

(d) "goods" means every kind of movable property other than actionable claims, money and securities;

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(i) "ready delivery contract" means a contract which provides for the delivery of goods and the payment of a price therefor, either immediately or within such period not exceeding eleven days after the date of the contract [...] as the Central Government may, by notification in the Official Gazette, specify [...];

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Defined terms in this text (3)

actionable claim: Section 3, Transfer of Property Act: "actionable claim" means a claim to any debt, other than a debt secured by mortgage of immoveable property or by hypothecation or pledge of moveable property, or to any beneficial interest in moveable property not in the possession, either actual or constructive, of the claimant, which the Civil Courts recognize as affording grounds for relief, whether such debt or beneficial interest be existent, accruing, conditional or contingent;

actionable claim: Section 3, Transfer of Property Act [S100ND] (In this Act, unless there is something repugnant in the subject or context,—): "actionable claim" means a claim to any debt, other than a debt secured by mortgage of immoveable property or by hypothecation or pledge of moveable property, or to any beneficial interest in moveable property not in the possession, either actual or constructive, of the claimant, which the Civil Courts recognise as affording grounds for relief [...]

actionable claim: Section 2, Central Goods and Services Tax Act, 2017 [S1061R] (In this Act, unless the context otherwise requires): "actionable claim" shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882

forward contract: Section 2, FCRA 1952 [S101PF] (In this Act, unless the context otherwise requires,— [...]): "forward contract" means a contract for the delivery of goods and which is not a ready delivery contract

goods: Section 2, FCRA 1952 [S101PF] (In this Act, unless the context otherwise requires,— [...]): "goods" means every kind of movable property other than actionable claims, money and securities

goods: 38 more definitions.

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