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1 - 10 of 45 (0.60 seconds)The Negotiable Instruments Act, 1881
Section 138 in The Negotiable Instruments Act, 1881 [Entire Act]
The General Clauses Act, 1897
Ramanlal Bhailal Patel & Ors vs State Of Gujarat on 5 February, 2008
In the decision of the Apex Court in the
case of Ramanlal Bhailal Patel (supra), the Apex
Court has held in clear terms that where a group
of persons have not become coowners by their own
volition, with a common purpose, they cannot be
considered a 'person'. Coownership cannot be
converted into joint enterprise, unless they
agree to have a common venture. They will not
become a body of individuals or Association of
persons, to be treated as a single person till
they make arrangement to enter into an agreement
for joint venture.