SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

1981 Supreme(All) 400

R. R. RASTOGI, SATISHCHANDRA
Lala Sri Ram – Appellant
Versus
Lala Parshadi Lal – Respondent


Advocates:
A. N. Bhargava and J. N. Chaterji, for Apellant; S. N. Agarawal, for Respondent.

Judgement

R. R. RASTOGI, J. :- These two appeals are inter-linked and may be conveniently taken up together.

2. The following pedigree is relevant for the appreciation of the case.


3. Sahu Har Prasad and Raja Radha Raman of Pilibhit had an oil mill at Pilibhit. At the same time Ghasi Ram and Bhikhari Das was a firm carrying on business in food grains of a long standing at Pilibhit. This firm entered into a partnership with Sahu Har Prasad and Raja Radha Raman under an instrument of partnership executed on 20-1-1926. The management of the oil mill was entrusted to the firm. It appears that the business did not prosper and there were losses and as on 12-5-1934 when accounts were taken the share of the firm in the losses came to Rs. 21046/13/-. The firm executed a pronote in respect of that amount in favour of Sahu Har Prasad and Raja Radha Raman. Sometime thereafter partnership was formed between this firm and the aforesaid two gentlemen for running the oil mill business and Ram Swarup was entrusted with the job of looking after that business. From the profits of that business some payments were made towards the aforesaid pronote and on 31-3-37 it was renewed for Rs. 20046/13/- and ag

































































Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top