J.C.SHAH, V.RAMASWAMI
Firm Mukund Lal Veerkumar – Appellant
Versus
Purushottam Singh – Respondent
Judgement
RAMASWAMI, J. : - These appeals are brought, by special leave, from the judgment of the Allahabad High Court dated November 1, 1961 in three Civil Revision Applications Nos. 310 to 812 of 1960.
2. Appellant No. I is a registered firm of which appellant No. 2, Mukund Lal and respondent No 7, Ram Surat Misra are the only two partners. The firm carried on Arhat (Commission Agency) business. Three petitions under the Provincial Insolvency Act (Act V of 1920), hereinafter called the Act , were made against the firm and its two partners under S. 7 of the Act. Purushottam Singh, respondent No. 1 and Sat Narain Singh, respondent No. 2 filed the first petition (Petition No. 9 of 1958) on April 28, 1958. The second petition was filed by Smt. Tara Devi, respondent No. 3 and Shyam Das, Respondent No. 4 on May 30, 1958 which was registered as Petition No. 19 of 1958. The third petition was filed by Jivenda Mal on January 20, 1959 which was registered as Petition No. 2 of 1959. In petition No. 9 of 1958, a sum of Rs. 15,780 was claimed; in petition No. 19 of 1958, a sum of Rs. 14,545 was claimed and in petition No. 2 of 1959 a sum of Rs. 3,884 was claimed but other creditors also file
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.