Search Results for "Partnership Accounts"

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Supreme Court Allows Appeal in Motor Accident Claim Case — Death Not Arising O...
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Search Results for "Partnership Accounts"

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Supreme Court

Supreme Court Allows Appeals Against High Court Order Staying Arbitral Proceedings and Rejecting Preliminary Objection on Maintainability of Revision Petition Under Article 227 of the Constitution of India. The High Court's interference under Article 227 was held to be barred by Section 5 of the Arbitration and Conciliation Act, 1996, as the Act provides a complete mechanism for challenging arbitral orders.

4 Mar 2026

The present appeals arise from an interim order dated 02.09.2025 and a final order dated 28.01.2026 passed by the High Court of Gauhati in CRP/120/202...

Supreme Court

Supreme Court Allows Deduction Under Section 80IA for Infrastructure Facility Despite Conversion of Firm to Company. The court held that the assessee-company, formed by conversion of a partnership firm, satisfied the condition of having an agreement with the government under Section 80IA(4)(i)(b) of the Income Tax Act, 1961, as the conversion did not create a new entity but a continuation of the same business.

5 Mar 2020

The case involves an appeal by the Commissioner of Income Tax, Udaipur, against the judgment of the Rajasthan High Court which allowed the deduction u...

Supreme Court

Supreme Court Upholds Constitutional Validity of Sections 35AA and 35AB of Banking Regulation Act, 1949 and RBI Circular on Stressed Assets Resolution. The Court held that the RBI circular dated 12.02.2018 is valid and not arbitrary, and that the requirement of 100% lender consent for restructuring and mandatory IBC reference for large accounts is within RBI's powers.

2 Apr 2019

The present batch of petitions and transferred cases challenged the constitutional validity of Sections 35AA and 35AB of the Banking Regulation Act, 1...

High Court

Bombay High Court Allows Appeal Against Arbitral Award in Succession Dispute — Award Set Aside for Violation of Natural Justice and Lack of Jurisdiction. Court held that the arbitrator exceeded jurisdiction by deciding title without proper evidence and that the award was liable to be set aside under Section 34 of the Arbitration and Conciliation Act, 1996.

17 Sep 2018

The case involves an appeal under Section 37 of the Arbitration and Conciliation Act, 1996 against an order dismissing a petition under Section 34 of ...

High Court

Bombay High Court Allows Revision Against Injunction Order in JCB Machine Partnership Dispute. Court holds that a suit for mandatory injunction seeking possession of a jointly owned asset is not maintainable without a prayer for partition, and that the trial court's order granting injunction was without jurisdiction.

8 Jan 2018

The case involves a civil revision application filed by the original defendant against an order granting mandatory injunction in favor of the plaintif...

High Court

High Court of Karnataka Allows Plaintiff's Writ Petition Against Dismissal of Suit for Dissolution of Partnership Firm and Reference to Arbitration Under Section 8 of the Arbitration and Conciliation Act, 1996 — Trial Court Erred in Dismissing Suit as Not Maintainable Without Considering Whether Dispute Falls Within Arbitration Clause.

24 Nov 2017

The petitioner, Sri K.G. Nanjundaiah, filed a suit for dissolution of the partnership firm M/s Sri Siddalingeshwara Rice Mill, constituted under a Par...

High Court

Bombay High Court Dismisses Second Appeal in Partnership Dispute, Upholds Small Causes Court Jurisdiction. Fixed monthly payment of Rs.1,500/- to one partner held permissible under partnership deed, and oral evidence inconsistent with written terms cannot be considered.

4 Apr 2014

The case involves a second appeal filed by the original defendants (appellants) against the judgment of the Ad-hoc District Judge-2, Nagpur, dismissin...

High Court

Bombay High Court at Goa Dismisses Petition Challenging Appointment of Court Receiver in Partnership Dispute. Appointment of Receiver Upheld as Proper Exercise of Discretion Under Order 40 Rule 1 CPC in a Suit for Dissolution of Partnership.

26 Jul 2010

The petitioners, who were defendants in a suit for dissolution of partnership and accounts, challenged the appointment of a Court Receiver over the pa...

High Court

Bombay High Court Dismisses Writ Petition Challenging Dismissal of Suit by Partner of Unregistered Firm Under Section 69 of Indian Partnership Act, 1932. Suit for Accounts and Injunction by Partner of Unregistered Firm Held Not Maintainable.

22 Nov 2005

The petitioner, Chandrayya Mutwayya Irabatti, was the original plaintiff in Special Civil Suit No.139 of 1987 filed before the III Joint Civil Judge, ...

High Court

Bombay High Court Grants Injunction Against Continued Use of Trademarks After Licence Expiry — Passing Off Action Maintainable by Partnership Firm Against Company Promoted by Partners. Licence Expiry Terminates Right to Use Trademarks; Injunction Granted Without Appointment of Receiver.

3 May 2005

The plaintiffs, M/s. American Dry Fruit Stores (a partnership firm) and its partners Kishor H. Thakkar and Dilip H. Thakkar, filed a suit against ADF ...

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