Search Results for "Partnership dispute"

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Search Results for "Partnership dispute"

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High Court

High Court of Bombay Considers Maintainability of Section 14(2) Petition Against Sole Arbitrator's Order Rejecting Substitution of Legal Heirs in Partnership Arbitration. Court examines whether dismissal of impleadment application as time-barred amounts to termination of mandate under Section 14(2) of Arbitration and Conciliation Act, 1996.

12 Feb 2019

Background: The matter arose from partnership disputes concerning the firm 'Sanghavi Brothers'. The original claimant, father of the petitioners, had ...

High Court

Bombay High Court Allows Arbitration Petition Under Section 14, Setting Aside Arbitrator's Order Dismissing Substitution Application. Arbitrator's Termination of Proceedings on Grounds of Delay Held Perverse, Amounting to Refusal to Perform Functions and Not an Interim Award Under Section 34.

12 Feb 2019

The dispute arose from a partnership firm where the original claimant, father of the petitioners, had initiated arbitration proceedings in 2004. After...

Supreme Court

Supreme Court Dismisses Appeal in Partnership Dispute Over Share Entitlement. Plaintiffs Failed to Prove Capital Contribution of Rs.50,00,000 as per Partnership Deed Dated 30.10.1992, Thus Entitled Only to 10% Share in Profits and Losses Until Expulsion on 18.6.2004.

26 Oct 2021

The dispute originated from a partnership firm, M/s Selwel Combines, reconstituted in 1992 with plaintiff No.1 inducted as a partner under a deed stip...

High Court

Bombay High Court Dismisses Appeal in Partnership Dispute — Upholds Trial Court's Finding of No Partnership and Dismissal of Suit for Accounts. Court holds that mere sharing of profits does not establish a partnership under the Indian Partnership Act, 1932, and that the plaintiff failed to prove the existence of a partnership agreement.

27 Mar 2015

The appellant, Prem Kaliaandas Daryanani, filed a suit for dissolution of partnership and accounts against the respondents, alleging that they were pa...

High Court

Bombay High Court Dismisses Appeal in Partnership Dispute Over Liquor Licence Succession — Legal Heirs Entitled to Claim Share in Partnership Assets Including Licence. The court held that the legal heirs of a deceased partner cannot be ousted from their rightful claim to partnership assets merely because the partnership deed disentitled them from becoming partners, and the liquor licence is an asset of the firm.

2 Dec 2022

The case involves a dispute between the appellant, Arunkumar Dwarklal Jaiswal, proprietor of M/s Akot Wine Mart, and the respondents, including the St...

Supreme Court

Supreme Court Dismisses Appeal in Partnership Dispute — Decree Against Deceased Partner Not Executable Against Legal Representatives. Partnership Dissolved on Death of Partner Under Section 42(c) of Partnership Act, 1932, and Legal Representatives Not Bound by Decree.

18 Oct 2019

The case arises from a partnership deed dated 14.04.1982 between late Sri Jai Narayan Misra and late Smt. Hashmatunnisa Begum for real estate developm...

High Court

High Court of Bombay Nagpur Bench Hears Second Appeal on Tenancy Dispute Involving Partnership Firm. Whether Agreement with Individual Partner Creates Tenancy with Unregistered Firm Determined.

10 Apr 2018

The case arose from a suit for possession of a shop, originally filed by the appellant (landlord) against the respondents, claiming that the suit shop...

High Court

Bombay High Court Adjudicates Section 34 Petition Against Arbitral Award in Partnership Retirement Dispute. The Court Examines Whether the Arbitrator Erred in Rejecting Petitioners' Claims and Imposing Costs Under the Arbitration and Conciliation Act, 1996.

15 Oct 2019

Background: The dispute arose out of a partnership firm, M/s. Prospective Traders, constituted in 1977 by three family trusts. In 1985, the petitioner...

Supreme Court

Supreme Court Dismisses Appeal in Partnership Dispute, Upholds Dissolution Over Retirement. Court clarifies distinction between retirement of a partner and dissolution of a partnership firm under the Partnership Act, 1932.

26 May 2020

The Supreme Court dismissed the appeals filed by Guru Nanak Industries and Swaran Singh (since deceased, represented by legal representatives) against...

High Court

Bombay High Court Allows Civil Revision Application in Partnership Dispute - Arbitration Clause Survives Dissolution. Dispute regarding dissolution of partnership and rendition of accounts is arbitrable under Section 8 of the Arbitration and Conciliation Act, 1996.

28 Apr 2021

The case involves a civil revision application filed by the defendant (applicant) challenging an order of the City Civil Court, Greater Bombay, which ...

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