Syndicate Bank v. R.S.R. Engineering Works and Ors. 2003 (4) ALD 62 SC [retiring partners, Section 32(2)] Facts Respondent No. 1: Partnership firm engaged in engineering works, Respondent Nos. 2 to 4: its partners The respondents took a loan from the bank. They defaulted. Respondent Nos. 2 and 3 contended that the first respondent firm was dissolved…
Mohd. Hafeez Khan v. State Transport Appellate Tribunal AIR 1978 MP 116 (liability of a partner for bad reputation) Facts The scope for the grant of a carriage permit along a certain fixed route was declared. Earlier to this, the permit was granted to Motor Transport Worker (MT), but was cancelled due to non-operation. In…
Sk Kabir v. Narayandas Lachman Das Ltd. AIR 1955 Ori 24 (Implied Agreement, Partnership by status) Facts The defendants entered into two contracts with the plaintiff firm, which was unregistered, regarding the supply of mustard oil. The defendants, (when the plaintiffs had fulfilled their end of the contract) failed to supply the oil on the…
Deputy Commissioner of Sales Tax vs. K Kelukutty 1985 SCR Supl. (1) 135 (separate agreement for separate business) Facts The respondent is a partnership firm dealing in timber. When the firm’s Sales Tax Officer was assessing the firm’s turnover, he discovered that the partners of the firm owned a saw mill, and the partners…
Khushal Khemgar Shah & Ors. v. Khorshed Banu Dadiba Boatwalla & Anr. 1970 SCR (3) 689 (whether goodwill asset or not) Facts D who was one of eight partners in a firm, died on February 20, 1957. By virtue of a provision in the partnership deed, the business of the firm was continued by the…