partners. It was alleged by the petitioner that in the meeting of the partners the auditor suggested that the firm should be dissolved. The managing ... petitioner contended that the managing partner, with the sole intention of harassing him and to defraud the other partners managed to fabricate the minutes
partnership firm consisting of four partners. Sri P. Raichowdhury is the managing partner of the firm having 60 per cent share, whereas ... particularly because the managing partner has major share and the other three partners were son and brothers of the managing partner.
6. We have carefully
Firm By Its Managing Partner ... vs Haja Beevi And Ors. on 16 December, 1997
Equivalent citations: (1998)2MLJ9
JUDGMENT
S.M. Abdul Wahab
allegation in the complaint that the first petitioner, as managing partner of K. S. Muthu Constructions, issued the cheque in favour of the complainant/respondent ... managing partner and without impleading the partnership, the partners alone were prosecuted, the complaint is maintainable against the partners alone. Following this decision, the same
Trishul Coal Services and Transporters, Himayathnagar, Hyderabad; B. Narsing Rao, Managing Partner and also against the petitioner herein Smt. B. Lakshmi w/o B. Narsing ... Negotiable Instruments Act alleging that the accused No. 2, Managing Partner of M/s. Trishul Coal Services & Transporters, has issued a cheque
support the same. The AO also recorded the statement of the managing partner Shri Gurucharan Singh and the extracts from such statement have been reproduced ... assessment order. The managing partner in the said statement has admitted that account books were not maintained. The return have been filed on the basis
management. It was furthermore stated by the assessee that the managing partner Giriyappa was not an educated person and was not keeping well during ... clerk and also of a mishappening in the family of the Managing Partner during the same month, were pressed before
partner in the assessed-firm, he himself however is not a partner in his individual capacity. At the same time again, Dr. Ramamurthy manages ... firm. It would, however, be obvious that Dr. Ramamurthy, being the managing partner of the firm, had surreptitiously taken out a portion of the firms
support the same. The AO also recorded the statement of the managing partner Shri Gurucharan Singh and the extracts from such statement have been reproduced ... assessment order. The managing partner in the said statement has admitted that account books were not maintained. The return have been filed on the basis
partner in the assessed-firm, he himself however is not a partner in his individual capacity. At the same time again, Dr. Ramamurthy manages ... firm. It would, however, be obvious that Dr. Ramamurthy, being the managing partner of the firm, had surreptitiously taken out a portion of the firm
