Definition
Latin for "from the beginning."
As a legal term refers to something being the case from the start or from the instant of the act, rather than from when the court declared it so.
This term is used by lawyers intent upon getting their money's worth from a liberal arts education by uttering such statements as "The judge was against me ab initio."
A judicial declaration of the invalidity of a marriage ab initio is a nullity.
Dear Sumit,
Can you guide me What does "AS IS WHERE IS AND WHATEVER THERE IS BASIS" mean??
"AS IS WHERE IS AND WHATEVER THERE IS BASIS" has meaning in the words, It is used before the sale of the goods to exclude the liability of latent defects and to make the buyer beware, Caveat Emptor. any clarification appriciated.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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