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1 - 10 of 20 (1.03 seconds)Section 46 in The Indian Partnership Act, 1932 [Entire Act]
Section 45 in The Indian Contract Act, 1872 [Entire Act]
S.P.Misra vs Mohd.Laiquddin Khan on 18 October, 2019
In support of these submissions, he relied on
the decisions of this Court in Commissioner of
Income Tax v. Seth Govindram Sugar Mills,
and S.P. Misra v. Mohd. Laiquddin Khan."
The Indian Partnership Act, 1932
Section 4 in The Indian Partnership Act, 1932 [Entire Act]
Section 5 in The Indian Partnership Act, 1932 [Entire Act]
Section 31 in The Indian Partnership Act, 1932 [Entire Act]
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
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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.
Usha Gopirathnam vs P.S.Ranganathan (Dead) Thr. Lrs. on 23 September, 2022
In the case of Usha Gopirathnam & Ors. (supra), the Hon'ble
Supreme Court held that: