A.P.SHAH, S.U.KAMDAR
Kausalya Sampat – Appellant
Versus
Vasant Sahakari Bank Ltd. & others – Respondent
2. These provisions of sub-section (2-A) of section 154 are challenged by the petitioner in the context of the facts which are briefly enumerated as under:-
3. A firm known as M/s. Gajanankrupa Enterprises availed of the loan facilities from the 1st respondent Bank. The petitioner before the Court was a partner of the said 2nd respondent firm. It is the case of the petitioner that with effect from 20-8-1991 the petitioner retired from the said firm and thus ceased to be a partner any further. However, it is an admitted position that at the relevant time of granting the loan to the said partnership firm, the petitioner was a partner in the said firm. Sometime in or about 1998, the 2nd respondent firm filed a
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.