private company, a family company, quite often is a sort of quasi-partnership,
93. Before we go on to the law, we give the brief ... would have to rule, that unless a case for quasi-partnership by way of facts was made out, the respondents would have no case
petitioners submitted: The Company is in the nature of a quasi-partnership between the petitioners group and Sunil Puri's group. The first petitioner ... would very clearly indicate that the company is nothing but a quasi-partnership providing for equal participation of both the groups in the management
first respondent-company is in the nature of a "quasi-partnership" ; though initially started as a proprietary concern, the business was continued ... kind before us (the first respondent) could be called a quasi- partnership and, therefore, when a set of shareholders seek
hotel should be run in the nature of a quasi partnership among the three groups. Accordingly, the 1st petitioner voluntarily transferred nearly ... various acts, the respondents have, in breach of the principles of quasi partnership, acted in an oppressive manner against the petitioners holding 1/3rd shares
company is a family-owned company in nature of a
quasi-partnership and therefore, this is a fit case for lifting ... only a family company which is in the
nature of a quasi-partnership and merely holds the suit property for
the family. Defendant
respondent stated that 1st respondent is never a partnership of
quasi partnership of 2nd respondent and 1st appellant. 2nd Respondent stated
that the original petitioners ... respondent of 9th
respondent. Appellant stated that 1st Respondent is a quasi partnership
company where the 9th Respondent is the 40% partner
claiming the following reliefs:
(i) to declare that the Company is quasi-partnership, with a right to participate in the management of the Company ... becoming the first directors. The Company in substance is a quasi-partnership formed as a family concern by the petitioner and the second respondent
been family companies established expressly to be nothing but a
quasi-partnership. Originally, the foundational basis/oral
understanding involved the family branches of Gokaldas ... business of Lallubhai Amichand.
It was all along run as a quasi-partnership between the two-family
groups i.e. Gokaldas and Vithaldas and thereafter
been family companies established expressly to be nothing but a
quasi-partnership. Originally, the foundational basis/oral
understanding involved the family branches of Gokaldas ... business of Lallubhai Amichand.
It was all along run as a quasi-partnership between the two-family
groups i.e. Gokaldas and Vithaldas and thereafter
been family companies established expressly to be nothing but a
quasi-partnership. Originally, the foundational basis/oral
understanding involved the family branches of Gokaldas ... business of Lallubhai Amichand.
It was all along run as a quasi-partnership between the two-family
groups i.e. Gokaldas and Vithaldas and thereafter