P.B. Lakshmana Sah And Bros. ... vs J.N. Sivaraj Chettiar And Ors. on 27 July, 1993
12. The Supreme Court in the case of Firm Mukund Lal v. Purushottam Singh : (1968) 2 S.C.J. 639 : (1968) 2 S.C.A. 461, declined to accept the act of one of the partners as an act on behalf of the partners of the firm and thus on behalf of the firm for the reason that the property of which Mukand Lai was alleged to have made a gift to Veer Kumar was not partnership property and there was no collective act of insolvency alleged on behalf of all the partners of the firm.