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1966 Supreme(Mad) 272

VEERASWAMI, KRISHNASWAMY REDDY
S. Meikole Udayar – Appellant
Versus
S. P. Periasami Konar – Respondent


Advocates:
R. Ramamurthi Iyer and Balasubramaniam, for Appellant; R. Krishnamachari, A. Sundaram Iyer and S. V. Jayaram, for Respondents.

Judgement

VEERASWAMI, J. :- This appeal by the plaintiff is from a decree of the Subordinate Judge of Sivaganga dismissing the suit against the respondents for rendition of accounts His case was that he entered into a contract with the Highways for construction of Kodai kanal-Moonar road and commenced work on 25-1-1965. He took the respondents (defendants) as partners in the single venture on the understanding that it should come to an end at the conclusion of the works contract with the Highways and the passing of the final bills relating thereto. The terms of the partnership were reduced to writing in a deed dated 18th May 1955 and the firm which so came into existence was styled as "Michael Udayar and Co". Each of the partners to this firm was to contribute a share capital of Rs. 10,000 and that if further capital was necessary, they should contribute the same in equal shares by raising loans. They were to share the profits of the firm equally. The business of the partnership was to be managed and conducted by the respondents subject to the control of the appellant and the respondents were to maintain proper accounts. In case of differences between the partners, touching the work







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