1973 Supreme(Mad) 454
IN THE HIGH COURT OF JUDICATURE AT MADRAS
M. M. Ismail and S. Natarajan, JJ.
S. P. Periaswami Konar and another .. .....Appellant(s)
Versus
S. Mikole Udayar and another .. .....Respondent(s)
Appeal No. 509 of 1967.
Decided On : 05 September 1973
Important Points
Subject
Partnership - Dissolution and Accounting
Headnote
V. K. T. Chari and Srinivasan, for Appellant.
R. Kesava Iyengar, for Respondent.
"(a) for directing the defendants to render true and proper accounts supported by vouchers, bills, invoices etc., of their management of the joint contract and venture regarding the Kodaikanal Moonar Road from January 1955 to 1958, when the partnership became dissolved to the satisfaction of the plaintiff ;
(b) to receive from the plaintiff statement of charges and falsifications for amounts misappropriated and loss caused on account of fraud, misfesance and malfeasance and non-feasance and neglect of the defendants in their management ;
(c) to direct the defendants to pay the amounts that may be found due to the plaintiff on the taking of such accounts with subsequent interest ;
(d) ..............................
(e)............................
Among the various defence put forward by the appellants herein, they contended that there was a dissolution of the partnership and settlement of accounts by agreement between the parties in August, 1956 and consequently the suit instituted on 30th March, 1960 was barred by limitation. They also put forward the contention that the partnership itself was an illegal one, being opposed to public policy since the Madras De-taled Standard Specification, which applied to the contract taken by the first respondent from the Highways Department, provided that the contractors should not, without the written consent of the Executive Engineer assign the contract nor sublet any portion of the same, and in this particular case notwithstanding this prohibition the first respondent had entered into a partnership with the appellant and the second respondent