M.C.HARI RANI, K.BALAKRISHNAN NAIR
T. V. Sadananda Bai, Partner – Appellant
Versus
C. M. Ravi, Managing Partner – Respondent
Balakrishnan Nair, J.
The petitioner has approached this Court, seeking a direction to the police to give her necessary protection to assume charge as receiver of a firm, on the strength of Ext.P10 order passed by the District Court, Thrissur and also to continue to discharge the functions of the receiver.
2. Thebrief facts of the case are the following: The petitioner is one of the partners of a firm called "Blissotel" at Thrissur. The said firm is running a hotel, which is having a bar licence, issued in the name of its Managing Partner. Disputes arose between her and the Managing Partner. The dispute between them concerning the sharing of the profits of the firm was referred for arbitration under the provisions of the Arbitration and Conciliation Act, 1996. The arbitrators, by a majority, passed Ext.P8
award on 12.2007, permitting the petitioner to realize an amount of Rs.3,49,440/- from the 1st respondent Managing Partner and his assets, as share of profits from the bar hotel for the years 2005-06 and 2006-07. The amount was to carry interest at the rate of 10% per annum from the date of award till realization. A correction was made in the award as per Ext.P9 dated 2
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