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2000 Supreme(AP) 950

V.ESWARAIAH, BILAL NAZKI
Gorla Satyanarayana, rep. by G. P. A. Hlder – Appellant
Versus
Gangula Venkateswara Rao – Respondent


BILAL NAZKI, J.

( 1 ) THE appellant in this case was the defendant in the suit and the respondent was plaintiff. In order to avoid any confusion the parties are referred to as plaintiff and the defendant. The plaintiff filed a suit for dissolution and rendition of accounts of a firm. The firm was sought to be dissolved with effect from 27-1-1983. The case of the plaintiff was that he along with the defendant established a Rice and Flour mill at Muthyalapalli village and a partnership was created by virtue of written agreement on 8-10-1982. A piece of land measuring 15 cents was purchased by the defendant in his name under a registered sale deed. The defendant also secured 25 horse power electric motor and 25 H. P. Oil engine and the mill was established by the name of Sri Laxmi Gnaneswara Rice and flour mill. The plaintiff had to contribute rs. 69,300/- being 30% of the total investment and defendant had to contribute rs. 1,76,0007- being 70% share. The plaintiff contributed an amount of Rs. 55,000. 00 the balance of Rs. 14,300. 00 was due to be paid by the plaintiff. Profits and losses had to be shared in the ratio of their investment. Partnership was at will. The defendant obtain





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