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Partnership Act

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Partnership Act

Indian Oil Corporation Limited Vs Shree Niwas Ramgopal 2025 INSC 832 - Partnership Act - Death Of Partners

Partnership Act, 1932 -Section 42 - The partnership will stand dissolved inter alia on the death of the partner but this is applicable in cases where there are only two partners constituting the partnership firm. The aforesaid principle would not apply where there are more than two partners in a

Shivappa Reddy vs S. Srinivasan 2025 INSC 729 - S.63 Partnership Act - Resignation

❓Is putting forth a resignation or the partners entering into an agreement or drafting a deed or/and accepting the resignation of a partner of the Firm sufficient for discharging the liability of a partner of the Firm.? Indian Partnership Act 1932 - Section 63 - Merely putting forth a

Sachin Jaiswal vs Hotel Alka Raje 2025 INSC 275 - S 14 Partnership Act

Indian Partnership Act,1932 - Section 14 - Separate property of an individual partner, can be converted into partnership property. (Para 13) Irrespective of the character of the property, when it is brought in by the partner when the partnership is formed, it becomes a property of the partnership firm,

Ashoka Group vs Hariram Buddhraja - S 69 Partnership Act

Partnership Act - Section 69(2); Limitation Act - Section 14 -If the firm is not registered on the date of suit and the suit is to enforce a right arising out of a contract with the third party defendant in the course of his business, then it will be

Partnership Act

Sunkari Tirumala Rao Penki vs Aruna Kumari 2025 INSC 92 - S 69 Partnership Act

Partnership Act, 1932 - Section 69 - Section 69 assumes a mandatory character- a suit filed by an unregistered partnership firm and all proceedings arising thereunder, which fall within the ambit of Section 69 would be without jurisdiction- a suit instituted by a plaintiff in respect of a right which

Partnership Act

Crystal Transport Private Limited vs A Fathima Fareedunisa 2024 INSC 859 - Partnership Act

Read Judgment Partnership Act 1932 -Section 37 -If a partner is carrying on business with the assets of the firm, till a final settlement is made, the outgoing partner, would have the right to seek for accounts and a share in the profits which might be derived from his share