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

1970 Supreme(AP) 81

PARTHASARATHI
M. J. Velu Mudaliar – Appellant
Versus
Sri Venkateswara Finance Corporation – Respondent


PARTHASARATHI, J.

( 1 ) THIS appeal arises out of an action for recovery of money on foot of hair purchase agreement entered into by the defendants who are father and son. The plaintiff is a firm styled Sri Venkateswara Finance Corporation. and is represented by three persons described as managing partner, The case of the plaintiff is that the 1st defendant is the hirer and his son, the 2nd defendant is the guarantor, who are liable to make payments in 12 monthly installments from 29-1-1963 and that there was default on the pat of the defendant who paid only two paltry summons of Rupees 500/- and Rs. 318. 00 and that the plaintiff had to pay insurance premium to the tune of Rs. 577/50 Ps. because of the omission o the defendants. Reimbursement is sought in respect of the insurance premium. the defendants failed to satisfy the liability on demand and hence the suit was filed.

( 2 ) THE defendants challenged the maintain ability of the suit on the ground that the partnership was not registered under the Indian Partnership Ac, and that the names of the partners who are suing were not entered as such in the certificate of registration. They dent that the truncation is one of hire purcha























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