petitioner got inducted into the business of the dealership as a sleeping partner and a partnership deed dated 1.4.1992 was executed in which the husband ... deed of partnership, the petitioner cannot be described to be a sleeping partner inasmuch she has rights and liabilities in equal share with her husband
that he was found by the Investigating
Agency to be a sleeping partner in the delinquent Firm and that learned
2.
Additional Solicitor General ... Shri Harish Kumar Khanna i.e., appellant,
who is sleeping partner. Learned counsel for the appellant has also placed
reliance on the order dated
event of death of an active partner or a
sleeping partner leaving a widow, the continuing
active partners shall during her life (or until ... partner prior
to his death, or his becoming a sleeping partner,
whichever be the earlier, but subject to a maximum
payment
which offence has been committed by the firm. The revisionists were sleeping partners not knowing anything about the business of the firm and, therefore ... firm. There may be partners, better known as sleeping partners who are not required to take part in the business of the firm. There
administering the
business of the firm, while he is only the
sleeping partner and that he is residing at
Madikerei and as such ... partners and it is only under the said document that,
the other partner by name Mr.Uthaiah has been made as a
partner
administering the
business of the firm, while he is only the
sleeping partner and that he is residing at
Madikerei and as such ... partners and it is only under the said document that,
the other partner by name Mr.Uthaiah has been made as a
partner
defendant No. 4 is 8%. The defendant No. 4 is a
sleeping partner. The defendant No. 1 firm appointed the son of the plaintiff ... contended that he is not liable being a
sleeping partner of defendant No. 1 firm which was solely managed by defendant
personally engage in any
business; but he may be a sleeping partner in a firm
10
doing business provided that in the opinion
Acit, Circle-23(1),, vs Virender Narang,, on 23 July, 2018
1 ITA No. 525
Pandhar Co-Operative Society. Since, the present
bail petitioner was a sleeping partner in the firm namely M/s Real
.
Enterprises, she also came under ... received by
the company, in which the bail petitioner was a sleeping partner
stands recovered and as such, no fruitful purpose would be served
