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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.

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...

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Bombay High Court Allows Appeal in Partnership Dispute — Plaintiff Entitled to Possession of Business and Premises. Court holds that a partnership at will can be dissolved by notice and the plaintiff as sole proprietor is entitled to recover possession from the defendant who was a partner.

The appellant, Chandrakant Kanoji Parab, filed a suit for recovery of possession of a business called M/s Ramesh Electric Works and the premises where...

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Bombay High Court Dismisses Revision Applications by Partners of Unregistered Firm in Cheque Dishonour Case. Term 'Firm' in Section 141 of Negotiable Instruments Act, 1881 Includes Unregistered Firm, Allowing Prosecution of Partners for Vicarious Liability.

The case involved two criminal revision applications filed by Satheesan Kuttappan and Satyaseelan Kuttappan against P.P. Sudhakaran and the State of M...

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Bombay High Court Allows Second Appeal in Landlord-Tenant Dispute — Partnership Claim Fails for Lack of Registration. Relationship of landlord and tenant established by payment of rent and acceptance, not partnership.

The case involves a second appeal filed by the defendants (appellants) against the judgment of the Additional District Judge, Nasik dated 3.10.1992, w...

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Bombay High Court Dismisses Application for Appointment of Arbitrator in Partnership Dispute Due to Lack of Written Arbitration Agreement. Section 11 Application Under Arbitration and Conciliation Act, 1996 Fails as Alleged Partnership Deed of 1975 Not Produced and No Arbitration Clause Established.

The applicant, Yashvant Chunilal Mody, filed an application under Section 11 of the Arbitration and Conciliation Act, 1996, seeking appointment of a s...