A.D.V.REDDY
Gurram Subbarayudu (Died) Gurram Subbamma – Appellant
Versus
Moto Pothula Narasimham (Died) Garre Venkaiah – Respondent
( 1 ) THE only point that arises for the consideration in this appeal is whether in a suit by a transferee of a pronote for recovery of monies due on the pronote executed by the managing partner of a firm, the others partners of the firm can be made liable.
( 2 ) ONE Palwadi Hanumantharao the 2nd defendant for an on behalf of the firm palwadi Hanumaiah Son and Co. , executed a pronote Exhibit A-2 in renewal of prior pronotes evidenced by Exhibits X-1 to X-3 for Rs. 1,000. 00 on 1-8-1949 in favour of 1st defendant. The 1st defendant transferred this pronote by an endorsement Exhibit A-1 for consideration in favour of the plaintiff on 20-5-1961 and the endorsee has filed the suit claiming the money due against the partners of the firm of Hanumaiah Son and Company, defendants 2 to 5. While the 2nd defendant the managing partner of the firm, in his written statement admitted the execution of the promissory note as a partner of the firm of P. Hanumaiah son and Company and passing of the consideration thereunder , defendants 3 to 5 , the other partners in their written statement contended that the 2nd defendant was not the managing partner of the firm and the firm itsel
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