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Search Results for "partnership retirement"

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High Court

Bombay High Court Dismisses Petition Challenging Arbitration Award in Partnership Dispute — Upholds Validity of Award Based on Partnership Deed and Evidence. Court Held That Arbitrator's Findings on Dissolution and Accounts Were Not Perverse and Did Not Warrant Interference Under Section 34 of the Arbitration and Conciliation Act, 1996.

10 Jul 2026

The petitioner, Vinod Kumar Saraf, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award date...

High Court

High Court Dismisses Arbitration Application and Petition for Interim Measures in Partnership Dispute Over Commercial Project. No Arbitration Agreement Found in Memorandum of Understanding Dated 16 October 2017 Under Sections 9 and 11 of Arbitration and Conciliation Act, 1996, Thus Relief Denied.

4 Mar 2026

The dispute arose from a partnership firm, Respondents, involved in developing 'Ventura Commercial Hub'. The petitioner, was admitted as a partner in ...

High Court

Bombay High Court Allows Appeal in Income Tax Case — Reassessment Notice Invalid Beyond Four Years Without Allegation of Non-Disclosure. Arbitration Award Receipt Held as Capital Receipt, Not Income Under Section 147 of the Income Tax Act, 1961.

8 Nov 2023

The appellant, Ramona Pinto, an individual, filed an appeal under Section 260A of the Income Tax Act, 1961, against an order dated 2nd April 2018 pass...

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

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 Dismisses Arbitration Petition Challenging Arbitral Award on Grounds of Patent Illegality and Public Policy. Court upholds arbitral tribunal's interpretation of partnership deed and findings on dissolution, holding that reappreciation of evidence is not permissible under Section 34 of the Arbitration and Conciliation Act, 1996.

13 Jun 2018

The petitioner, Yogendra N. Thakkar, filed an Arbitration Petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbi...

High Court

Bombay High Court, Nagpur Bench, Considers Election Petition Alleging Improper Rejection of Nomination Under Section 9A of Representation of the People Act, 1951. Petitioner Claims Retirement from Partnership Firm Removed Disqualification Before Scrutiny Date.

5 Apr 2018

The petitioner, a former partner in M/s. Musale Construction, intended to contest the 2014 Maharashtra Legislative Assembly election from 49-Saoner co...

High Court

Karnataka High Court Allows Writ Petitions Challenging Cancellation of CL-2 Excise Licences for Alleged Distance Violation. Held that Rule 8(1) of Karnataka Excise (Sale of Indian and Foreign Liquors) Rules, 1968 does not apply to shops existing before the 2002 amendment and that cancellation without proper notice violates natural justice.

22 Aug 2017

The judgment pertains to two writ petitions filed by M/s. Shankar Wines and M/s. Blue Peacock Ventures, both holders of CL-2 licences under the Karnat...

High Court

Karnataka High Court Quashes Cancellation of CL-2 Licences for Alleged Distance Violation — Held That Rule 8(2) of Karnataka Excise (Sale of Indian and Foreign Liquors) Rules, 1968 Does Not Apply to Shops Existing Before 2002 Amendment and That Show Cause Notice Must Precede Cancellation.

22 Aug 2017

The judgment concerns two writ petitions filed by M/s. Shankar Wines and M/s. Blue Peacock Ventures, both holders of CL-2 licences under the Karnataka...

High Court

Karnataka High Court Allows Appeal in Income Tax Case on Capital Gains Liability of Firm on Partner's Retirement. Full Bench resolves conflict under Section 45(4) of Income Tax Act, 1961 regarding liability when retiring partner receives only money for his share without distribution of assets.

16 Sep 2013

The case involves an appeal under Section 260-A of the Income Tax Act, 1961, arising from an order dated 02.03.2006 in ITA No.1295/BANG/2004 for the a...

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