family of its share in the partnership was
admissible in evidence, even though the partnership owned
immovable property. [410 D. E]
The interest ... advert
to the provisions of the Partnership Act itself bearing oh
the interest of partners in partnership property. Section
14 provides that subject to contract
effect, all the members of an ordinary partnership are
interested in the whole of the partnership property,
but it is not quite clear whether they ... that when individual assets are brought in a
partnership firm so as to constitute the partnership
property, there is a transfer of interest
Mills, both partnerships being registered
under the Partnership Act, 1932 . Most of the properties
were acquired by the firm of Sivalinag Nadar and Brothers ... purchased by the partnership as its share in the partnership
assets. The submission was that since the partnership
assets included immovable property and the document
sufficient to meet them. (4) In the case of partners, the partnership property shall be applicable in the first instance in payment of the partnership ... partners, it shall be dealt with as part of the partnership property; and where there is a surplus of the partnership property, it shall
sufficient to meet them. (4) In the case of partners, the partnership property shall be applicable in the first instance in payment of the partnership ... partners, it shall be dealt with as part of the partnership property; and where there is a surplus of the partnership property, it shall
treat the property of any of them as partnership property such property will become partnership property and s. 14 of the Partnership Act becomes applicable ... property ? But at the stage of introduction of the property, the right of the person who introduces the property into the partnership of which
Vinod Kumar Sethi And Ors. vs State Of Punjab And Anr. on 30 March, 1982
partnership law under the Partnership Act .
49a. The second question is can a patnr. be said to have dominion over the partnership property as against ... partnership law under the Partnership Act , no patnr. can prosecute his co-patnr. for criminal breach of trust in respect of partnership property
There can be no doubt that the suit property
was the property of the partnership and that it
had been acquired for the purposes ... contended at any stage that the suit property was not the property of the partnership firm."
These facts have been seriously challenged
them as part of the capital of the partnership. Prima facie, this capital became the partnership property. Lindley on Partnership, at page 357, has observed ... follows :
" 20. Partnership property.--(1) All property and rights and interests in property originally brought into the partnership stock or acquired, whether by purchase