SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

1995 Supreme(AP) 205

S.DASARADHA RAMA REDDY
Vijayalakshmi Jayaram – Appellant
Versus
M. R. Parasuram – Respondent


S. DASARADHA RAMA REDDI, J.

( 1 ) THE appellant, who is the plaintiff, filed O. S. No. 103 of 1982 on the file of subordinate Court, Tirupathi, on 23-6-1982 for dissolution of partnership firm pratap Talkies (hereinafter referred to as the firm ) and preliminary decree for rendition of accounts. The partnership which was reconstituted with effect from 1-7-1976, is not at will . Under clause 17 of the deed, Ex. B-1, the firm can be dissolved by common consent of all partners and no one person has a right by himself to dissolve the partnership. As per clause 19,"the partnership shall not be dissolved by reason of death, insolvency or retirement, expulsion of any of the partners and in case of death, retirement or insolvency or expulsion of any of the partners, the retiring partners or the person or the persons in whom the estate of such insolvent partner is vested, shall be entitled to or be liable for the share of capital and profits or share of loss of such partner, on the taking of accounts upto the daie of death, retirement or insolvency or expulsion as aforesaid and shall be entitled to his share of assets of the firm, as determined bythe auditors of the firm taking all circum
















Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top