V.D.MISRA, H.S.THAKUR
KRISHAN DAYAL – Appellant
Versus
AMAR NATH – Respondent
H. S. Thakur, J.—The appellant has filed this Letters Patent Appeal against the judgment and decree dated 8th July, 1969 passed by a learned single Judge of Delhi High Court (Himachal Bench),
2. The brief facts of the case are that during 1999 Bikrami, Krishan Dayal appellant-plaintiff, Chandu Ram defendant No. 1 and Munshi Ram defendant No. 2, entered into a partnership for extraction and sale of resin in the then Princely Mandi State. A deed of partnership was executed in that connection which is marked as Ex. PA. According to the terms of the partnership deed, the plaintiff was to invest the entire amount for the business of the partnership and was entitled to receive interest at the rate of Rs. 1/-per cent per annum on the amount invested. The assets of the partnership were first to be applied towards payment of the amount invested by the plaintiff and the interest thereon. Out of the balance, the profits were to be distributed amongst the partners. The share of the plaintiff was fixed at 6 annas in a rupee, while the shares of Chandu Ram and Munshi Ram defendants were 8 annas and 2 annas in a rupee, respectively. The partnership firm, thereafter, carried on the busines
(1) Lachminarayan Marwary and others v. Balmakund Marwary and others. AIR 1924 PC 198.
(2) Chimakurihi Seethaiah v. Burra Venkata Reddi
(3) Kambala Sundararajamma v. P. S. Ramulu Chetty and others
(4) Atyam Veerraju v. Pechetti Venkanna
(5) Union of India v. Mahadeolal Prabhudayal
(10) Maharaja of Kolhapur v. S. Sunderam Ayyar
(13) Narsingh Das v. Gokul Pd.
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.