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Govindoss Krishnadoss vs The Official Assignee Of Madras on 8 May, 1934

In the case of Babu alias Govindoss Krishnadoss (supra), the Hon'ble Court held that "After a dissolution of partnership the rights and obligations of the partners continue in all things necessary for winding up the business of the partnership". In the said case the Hon'ble Court also held that the right of the representatives of the deceased partner is one of the property and does not rest merely on contract and that the surviving partners, who have the right and duty to realize the partnership property, hold a fiduciary relationship towards the 17 deceased partner's representatives as regards his interest in the partnership property, though the latter have no such right in any individual asset of the partnership property as will entitle them to interfere with surviving partners' right to deal with and dispose of any such asset for the purpose of realization.
Bombay High Court Cites 4 - Cited by 10 - Full Document
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