Search Results for "Partnership Dissolution"

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Search Results for "Partnership Dissolution"

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High Court

High Court of Karnataka Allows Appeal in Partnership Dispute — Sets Aside Appellate Decree for Non-Compliance with Order 41 Rule 31 CPC. Failure to Frame Points for Determination and Provide Independent Reasoning Renders Appellate Judgment Unsustainable.

25 Nov 2022

The appellant (defendant) challenged the judgment of the II Additional Civil Judge (Sr. Dvn.) Hubballi in RA No.126/2004 dated 12.12.2006, which rever...

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

Bombay High Court Dismisses Applications to Recall Consent Terms and Set Aside Consent Decrees in Property Disputes Between Family Members. Court Holds That Consent Terms Recorded by Counsel Are Binding on Parties and Cannot Be Challenged on Grounds of Fraud Without Proper Pleadings and Evidence.

6 May 2014

The judgment pertains to two Notice of Motions filed by the defendants in two separate suits seeking recall and setting aside of consent terms and con...

High Court

Bombay High Court Dismisses Petition for Interim Relief in Partnership Dispute — No Prima Facie Case for Appointment of Receiver or Injunction. Claim of sole heir to partnership assets fails as partnership deed provided for continuation of firm on death of partner, and petitioner's rights are subject to arbitration.

19 Sep 2013

The petitioner, Fatima Correa, filed an Arbitration Petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking interim reliefs pe...

High Court

Bombay High Court Dismisses Appeals Against Arbitral Award in Partnership Dispute — Upholds Valuation Based on Book Value as Per Partnership Deed. Clause-11 of Partnership Deed Mandates Asset Valuation on Book Value Basis, Not Market Value, Under Section 48 of Indian Partnership Act, 1932.

8 Mar 2013

The case involves two appeals filed by Dr. Vijaypat Singhania and others (Appeal No. 361 of 2010) and Dr. Gaur Hari Singhania and others (Appeal No. 5...

High Court

Bombay High Court Dismisses Employer's Petition and Allows Workmen's Petition in Gratuity and Bonus Dispute. Employer's Liability Under Payment of Gratuity Act, 1972 and Industrial Disputes Act, 1947 Continues Despite Partnership Dissolution and Court Receivership.

13 Sep 2006

The judgment involves two connected writ petitions arising from the same factual matrix concerning a partnership firm, Daulatram Dyeing and Bleaching ...

High Court

Bombay High Court Allows Assessee in Income Tax Reference Under Section 256(1) of Income Tax Act, 1961 — Profits on Sale of Machinery Not Taxable Under Section 41(2) as Depreciation Was Claimed by Dissolved Firm, Not by Assessee.

21 Jul 2005

The case involves a reference under Section 256(1) of the Income Tax Act, 1961 by the Income Tax Appellate Tribunal, Mumbai, for the opinion of the Bo...

High Court

Bombay High Court Allows Arbitration Appeals and Interim Applications in Developer-Dispute Cases — Appointment of Sole Arbitrator Upheld Despite Alleged Non-Signatory Status. Section 11(6) of Arbitration and Conciliation Act, 1996 empowers court to appoint arbitrator even if some parties are non-signatories to arbitration agreement, provided they are claiming through or under signatory parties.

30 Nov -0001

The case involves two arbitration appeals and two interim applications arising from a dispute between purchasers (appellants) and a developer (respond...

High Court

Bombay High Court Dismisses Appeals by Landowners Challenging Appointment of Arbitrator in Development Dispute. Disputes under Development Agreements Held Arbitrable Due to Existence of Arbitration Clause Under Section 11 of Arbitration and Conciliation Act, 1996.

30 Nov -0001

The judgment pertains to two arbitration appeals (Arbitration Appeal No. 102 of 2024 and Arbitration Appeal No. 101 of 2024) along with interim applic...

High Court

Bombay High Court Allows Arbitration Appeals and Interim Applications in Developer Dispute — Upholds Appointment of Arbitrator Despite Alleged Non-Signatory Status. Court holds that non-signatory to an arbitration agreement can be referred to arbitration under the 'group of companies' doctrine and Section 8 of the Arbitration and Conciliation Act, 1996.

30 Nov -0001

The judgment arises from two arbitration appeals and two interim applications filed before the Bombay High Court. The appellants, Arvind Ratanchand Ja...

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