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

1976 Supreme(Bom) 15

P.M.MUKHI
IQBALNATH PREMNATH ANAND – Appellant
Versus
RAMESHWARNATH PREMNATH ANAND – Respondent


JUDGMENT-A short but somewhat interesting question arises in this appeal from order, as to when a partnership can be said to be not a partnership at will even if the relevant deed of partnership does not contain any express provision either as to the duration or the determination of the partnership.

2. By a deed of partnership dated the 4th December, 1967, the plaintiff and the two defendants who are blood relations (the plaintiff and the first defendant being brothers and the second defendant being their mother) agreed to continue the family business of Messrs Ramsarandas and sons, operating inter alia as Passage and Passport Agents. It would appear that the business was originally started years back in 1914, by an ancestor of the parties, as a proprietory business, and was thereafter converted into a partnership. There were several re-constitutions in between until the present firm was constituted by the above-mentioned deed of partnership dated 4th December, 1967. It is this partnership, with which this appeal is concerned.

3. It is now appropriate to set out some of the relevant provisions and clauses of this partnership deed because a considerable amount of argument has been a




























































































































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