JAGADISAN J.

There was a Hindu undivided family consisting of one Arunachalam Chettiar, his son, Narayanan Chettiar, and his grandsons by Narayanan, namely, Peria Narayanan, Chinna Narayanan and Ramaswami. Narayanan Chettiar, the son of Arunachalam Chettiar, died on 9th June 1946. The family was carrying on money-lending business at Malacca and Tampin under the vilasam of P.AR.N.AR. and also at Tangak under the vilasam N.AR. In the course of these businesses the family acquired rubber estates which comprise rubber trees and coolie lines. The immoveable properties acquired in the course of the money-lending businesses were treated as the stock-in-trade of the respective business in the course of which they came to be acquired. During the recent world war the properties suffered damage due to enemy action and claims were preferred to the Malayan authorities for payment of the compensation payable under the laws and regulations in that territory. The claim was made on 28th April, 1946. There was a partition among the members of the family on 28th October, 1949. Arunachalam Chettiar's son, Narayanan Chettiar, was dead by that time and the parties to the partition were, there