money or even property including immovable property. Once
that is done, whatever is brought in would cease to be the
exclusive property of the person ... dissolution of the partnership or
with his retirement from partnership of the value of his
share in the net partnership assets as on the date
gift in October,
1957 of a property, which was not partnership property. The
deed of gifts was registered in March 1958. In April ... aside. The
property of which M made gift was not a partnership property
and there was no collective act of insolvency alleged on
behalf
firm,
outstandings, stock of raw materials including
488
moveable and immoveable property. The partnership agreement
merely provides that the "valuation of the firm ... other assets was not permitted by the deed of partnership.
In valuing the moveable property including the stock of raw
materials, the arbitrator could
partnership sold for discharging the debts and
obligations of the partnership, and for the. purpose of
dividing the residue among the partners if property ... right of each partner on a dissolution is to
have the partnership property converted into money by a
sale, even although a sale
Sirmur, and such a decree could
be executed against the partnership property and against the
other partners by following the procedure ... read is a valid decree
which may be executed against the partnership property and
the other partners of the firm by recourse to the machinery
individual partners thereof, it was binding
proprio vigore only against the partnership property and
personally against those persons, who are mentioned ... against a firm, execution may be granted-
(a) against any property of the partnership:
(b) against any person who has appeared in
his own name
Deputy
Custodian of Evacuee Property (Judicial) (Allahabad) holding
'A"s property to be evacuee property. It was no longer open
to them ... effect that the said property was not evacuee
property. On October 18, 1949, The Administration of
Evacuee Property Ordinance No. 27 of 1949, hereinafter
called
Transfer of Property
Act (IV of 1882) and the Stamp Act (11 of 1899), has the
deed of partnership dated February 12, 1933, brought into ... were before 1931 the self-acquired property of
the father or his ancestral property or joint family
property or whether they fall into some other
Khanna' respectively carried on
business in partnership as Construction Engineers. They
agreed to dissolve the partnership with effect from February ... that
Dillon was to take over all the assets and properties of the
partnership as absolute owner and to pay all the debts
family and its property
were divided and it was declared that the manager became
exclusively entitled to the profits in the partnership from
1st January ... making a
partial partition of the property as
hereinafter stated, particulars whereof are as
follows:-
(a) in the Partnership Firm in the name