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1 - 10 of 14 (0.31 seconds)Section 42 in The Indian Partnership Act, 1932 [Entire Act]
The Income Tax Act, 1961
The Indian Partnership Act, 1932
Budhi Jena vs Dhobai Naik And Anr. on 3 September, 1957
The
decision of the Orissa High Court in Budhi Jena v. Dhobai
Naik(2) followed the decision of the Madras High Court in
V.M.N. Radha Ammal v. Commissioner of Income-tax, Madras(2)
wherein Satyanarayana Rao J., observed:
V.M.N. Radha Ammal vs The Commissioner Of Income-Tax on 7 December, 1949
The
decision of the Orissa High Court in Budhi Jena v. Dhobai
Naik(2) followed the decision of the Madras High Court in
V.M.N. Radha Ammal v. Commissioner of Income-tax, Madras(2)
wherein Satyanarayana Rao J., observed:
Section 5 in The Indian Partnership Act, 1932 [Entire Act]
Section 30 in The Indian Partnership Act, 1932 [Entire Act]
Mt. Sughra And Ors. vs Babu on 26 September, 1951
This question was directly raised and clearly
answered by a Division Bench of the Allahabad High Court in
Mt. Sughra v. Babu(3) against the legality of such a term
of a contract of partnership consisting of only two
partners. Agarwala, J., neatly stated the principle thus: