Search Results for "deceased partner share"

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Search Results for "deceased partner share"

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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...

High Court

High Court of Karnataka Examines Correctness of Order Directing Impleadment of Legal Heirs After Death of Partner in Two-Partner Firm. Court considers whether suit for recovery can continue without substituting legal representatives of deceased partner in light of automatic dissolution rule under Indian Partnership Act, 1932.

30 Jul 2026

Background: The matter arose out of a commercial suit filed by M/s Shiva Steel Supplies, a partnership firm, against M/s New Praveen Trailers, also a ...

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...

Supreme Court

Supreme Court Dismisses Appeal in Partnership Dissolution Case — Limitation Bar Cannot Be Raised for First Time in Appeal Without Pleadings. Division Bench Correctly Set Aside Single Judge's Order on Limitation Issue Not Raised in Trial Court.

16 May 2024

The present appeal arises from a partnership dispute. The plaintiff, S. Raghuraj Reddy, along with other partners, constituted a partnership firm, M/s...

High Court

Bombay High Court Adjudicates Testamentary Suit Over Letters of Administration of Intestate Estate. Heirs' rights to apply for administration and valuation of deceased's partnership interest were contested, with caveator's objection not withdrawn despite release deed.

30 Mar 2015

The proceedings concerned a petition for Letters of Administration to the estate of Shankarrao H. Parelkar, who died intestate on 8 November 1979. He ...

High Court

Bombay High Court Allows Section 11 Application in Partnership Dispute and Refers Unsettled Amount to Arbitration. Consent Terms Settling Family Disputes Did Not Discharge Partnership Firm Without Mutually Agreed Amount, and Anti-Arbitration Injunction in Disposed Suit Was Refused.

29 Sep 2025

Background: The dispute arose from the estate of Mulchand Anantji Shah, a partner in Inter Globe Services, a partnership firm governed by a Partnershi...

High Court

Bombay High Court Grants Probate to Deceased Wife's Will in Testamentary Suit Filed by Husband. Sons' Allegations of Forgery, Undue Influence, and Mutual Will Irrevocability Fail; Court Holds Due Execution Proved Under Indian Succession Act, 1925.

7 Mar 2013

The plaintiff, husband of the deceased Vilasgauri Manilal Doshi, filed a testamentary suit seeking probate of his wife’s will dated 15 April 1970. T...

High Court

Bombay High Court Allows Section 11 Applications for Appointment of Arbitrator in Partnership Disputes Involving Legal Heirs of Deceased Partner. The Court held that the arbitration clause in the partnership deed is binding on the legal representatives of the deceased partner, and the applicants being daughters and legal heirs are entitled to invoke arbitration.

6 Jun 2022

The judgment concerns four applications filed under Section 11 of the Arbitration and Conciliation Act, 1996, by Priya Rishi Bhuta and another, who ar...

High Court

Bombay High Court Passes Order on Interim Plea Over Yes Bank Management Rights Claimed by Heirs of Ashok Kapur. Core Issue Involves Interpretation of Articles of Association Regarding Heritability of Co-founder's Defined Privileges Following His Death in 2008 Mumbai Terror Attacks.

4 Jun 2015

The judgment deals with a Notice of Motion taken out by the legal heirs of late Ashok Kapur, co-founder of Yes Bank, who perished in the November 2008...

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...

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