Definition of heir. 1  1 : one who receives property from an ancestor : one who is entitled to inherit property was her father's sole heir. 2  2 : one who inherits or is entitled to succeed to a hereditary rank, title, or office heir to the throne.
A charge will be void unless it is registered within 21 days and, as a consequence, will be void against a liquidator, administrator or any creditor of the Company. The petitioners were therefore left unsecured unless the court allowed them to register their charges late.
Vide Notification No 12/2014-ST dated 11.7.2014, rate of interest to be charged on delayed payment of service tax has been enhanced w.e.f. 1.10.2014, based on period of delay.Thus, longer the delay period, higher would be the rate of interest payable. # Up to six months - 18% p.a.ide Notification No 12/2014-ST dated 11.7.2014, rate of interest to be charged on delayed payment of service tax has been enhanced w.e.f. 1.10.2014, based on period of delay.