transfer of shares but transmission of shares, which is a totally independent and separate right. Further, the transfer of shares by the existing shareholders ... shares has been clearly marked in respect of the shares wherein it is clearly mentioned that the above shares are only assigned to Mrs. Ruchi
their shares in favour of the petitioners for valuable considerations. The assignment of shares is not disputed, the transfer is more than 10 years ... Trust, as an assignee, becomes entitled to receive the assigned share in the profits from the firm. The said entitlement
assignee at the most becomes entitled to receive the assigned share
in the profits from the firm. Arnav Savaliya would not be entitled
to receive ... assigned share in the profits as a sub-partner because
no sub-partnership came into existence, but as an assignee he may
be entitled
SC1923 (18)
ACT:
Arbitration Act . 1940, Sec. 17- -Award--Whether, one
assigning share in partnership or one creating rights in
immovable property worth more than ... share to another partner. In
that event the assignee partner would get only the right to
receive the Share of profits of-the assigner
company's affairs.
6. By an assignment dated October 5, 1939, Amin retired and assigned bis share in the partnership ... assignment dated March 31, 1922, Mr. Narandas Purshottam a partner in the agents firm of Kotibhasker, Amin and Co. has this day assigned his share
Section Kotibhasker died. In the year 1911 the said Bhatavdeker assigned his share in the firm to T.K. Gajjar. In the year ... Gajjar assigned his share to K.T. Gajjar, who already possessed one share. In 1920 K.T. Gajjar assigned his two shares
receiving what was due to him in respect of his share might assign his interest by a deed or he might, instead of assigning ... deceased partner towards his share in the appreciation in the value of shares added to the original cost of the shares for the purpose
divided the properties and at that partition a 0-7-8 share was assigned to Avadayammal, the other daughters taking a 0-8-0 share ... share assigned to Avadayammal does not stand on a footing different from the assignment of the 0-7-3 share. The reasons for the assignment
share, to M/s. Arohi Consultants Pvt. Ltd., another sister concern;
(c) The said shares stood sold, through a 'Deed of Assignment ... records of the liquidating company (OL) as a holder of the assigned shares, it is it which would stand to receive any surplus arising
assignment. The Tribunal, upon perusal of the deed of assignment found that the assessee had gifted one half of his partnership share ... terms of the deed of assignment to find out the actual nature of the assignment. The deed of assignment, insofar as the same is relevant