MOHANTY, NARASIMHAM
V. GURUMURTY RAJU – Appellant
Versus
V. NARASIMHA RAJU – Respondent
NARASIMHAM, J.
( 1 ) THESE two are analogous appeals from the order of the Subordinate Judge of berhampur in M. J. C. Nos. 109 of 1946 and 8 of 1947 setting aside an award made by an arbitrator named Sri T. N. Murthy on 15-9-1946.
( 2 ) FROM 1941 to 1944 one Narasimha Raju took lease of a rice mill belonging to the Maharaja of Parlakimedi by a registered lease deed dated 9-12-1940 (ext. 2)and subsequently admitted several other persons as partners for the management of the mill. The shares of the partners were fixed as follows:
V. Narsimha Raju J. Appa Rao 1/2 Y. Krishna Murty U. Samba Murty for D. Lakshman Murty 1/2 ? 2 " B. Dali Appana ? 1 " K. Ktishna Raju ? 1 " V. Gurumurty Raju ? 2 " 16 annas. ? 5 annas. ? 2 " ? 2 "
The business of the partners consisted of milling rice and extracting oil from ground-nut. Some of the partners carried on another independent business in which their interests were as follows:
V. Narsimham Raju J. Appa Bao Y. Krishna Murty 1/2 ? 2 " U. Samba Murty for D. Lakshman Murty 1/2 ? 2 " V. Gurumurty Raju ? 2 " 16 annas. ? 5 annas. ? 4 "
Y. Krishna Murty and U. Samba Murty retired from the partnership business and the o
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.