A.N.SURTI, S.B.MAJMUDAR, S.H.SHETH
JAYANTILAL PRANLAL THAKORE – Appellant
Versus
SHRIKANT JASVANTLAL THAKKAR – Respondent
( 1 ) THE plaintiff filed the present suit against the defendants to recover a sum of Rs. 27 600 which consisted of the principal amount of Rs. 15 0 and the interest amount of Rs. 12 600 from 23 February 1966 to 23rd February 1975. The principal amount was advanced by the plaintiff to Jaswantlal the father of the defendants who was carrying on business in partnership in the name and style of Central Sales Corporation. One Sadashiv and another Manubhai were the other partners of that firm. On 23rd February 1966 the plaintiff deposited the amount of Rs. 15 0 with the firm. At that time Jaswantlal the father of the defendants and the defendants who are his sons were joint. On 10th October 1967 partition of the joint family estate was effected between Jaswantlal on the one hand and his two sons on the other hand. Thereafter Insolvency Petition No. 15 of 1968 was filed against the Central Sales Corporation and its partners who included Jaswantlal the father of the defendants. On 7th August 1970 the firm and its partners were ad judged insolvents. Official Receiver was appointed to collect the assets of the insolvents. On 24th April 1972 the plaintiff demanded from the Off
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.