respect of the partners of the firm
who jointly own the partnership property that has to be furnished. Since
the property jointly belongs ... partner must
have a clearance certificate in his favour before the partnership property
can be registered. Under these circumstances, the decision of the respondent
herein
partnership firm. Actually the firm name is only a compendious name given to the partnership for the sake of convenience. The assets of the partnership ... partnership property will vest in all the partners and in that sense every partner has an interest in the property of the partnership. In JuggilalKamlapatBankers
respect of the partners of the firm who jointly own the partnership property that has to be furnished. Since the property jointly belongs ... partner must have a clearance certificate in his favour before the partnership property can be registered. Under these circumstances, the decision of the respondent certificate
entered in the
encumbrance certificate pertaining to the properties of the
partnership, appellant approached learned Single Judge seeking
following reliefs ... opinion,
the details shown in the encumbrance in respect of properties of
partnership document under Ext.P6 have to be removed.
Accordingly, appeal
interest in the future and further appreciation of the property. When fresh partnership deed was executed on 1.10.92, no such clause giving the appellant ... Vide clause No. 8 at pg. 7 of the partnership deed, appreciations in the property owned by the firm belonged to the appellant company
property of the firm :- Subject to contract between the partners, the property of the firm includes all property and rights and interests in property originally ... items of property that from 1-4-75 the property in question would "vest in the firm and shall be treated as property
share in item No.1 of the suit
schedule property."
The partnership business between Srikantappa and
Thotadappa was started ... litigation between
Srikantappa and his brothers. The present suit
properties are not properties in this litigation
property shall always
continue with plaintiff and the defendant and that the third party shall have no right
in the suit property if the partnership ... partnership. To dissolve the partnership, a meeting was held at Punjab with the
CNR: DLCT03-001044-2016 Page 2 of 36
defendant and the partnership
assets of the
partnership, which has also, immovable properties, is
movable property and the assignment of the share does not
require registration under ... dissolution of the
partnership or with the retirement of a partner from the
partnership the share of the partner in the partnership
assets is equal
share in the partnership. On
dissolution of the partnership firm, accounts are settled
amongst the partners and the assets of the partnership are
distributed amongst ... scrupulously avoided other properties. While
distributing the residue assets, the arbitrators allocated the
properties to the partners. Section 48 of the Partnership Act
was applied
