Search Results for "retirement of partner"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Supreme Court Allows Appeal of Claimant in Motor Accident Case — Functional Di...
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Madras High Court Dismisses Second Appeal in Partition Suit — Concurrent Findi...
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Search Results for "retirement of partner"

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Supreme Court

Supreme Court Allows Appeal Against High Court's Quashing of Complaint Under Section 138 NI Act — High Court Exceeded Section 482 CrPC Jurisdiction by Deciding Disputed Facts on Partnership Retirement Without Trial. The Court Held That Statutory Compliance Under Partnership Act Is Essential for Effective Retirement and That Allegations of Involvement in Firm's Affairs Satisfy Section 141 NI Act.

19 May 2025

The Supreme Court allowed the appeal filed by Shivappa Reddy against the order of the Karnataka High Court which had quashed criminal proceedings unde...

High Court

High Court of Karnataka Dismisses Second Appeals in Partnership Dispute, Upholds Concurrent Findings on Retirement and Dissolution. Court holds that retirement of a partner from a registered partnership firm does not require registration under the Indian Partnership Act, 1932, and that a suit for dissolution and accounts is maintainable even without registration of the firm.

8 Feb 2022

The case involves a dispute among partners of M/s. Mangal Deep, a registered partnership firm. The appellants, who were partners, filed a suit for dec...

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...

High Court

Bombay High Court Allows Petition Challenging Reopening of Assessment Under Section 148 of Income Tax Act, 1961 for Assessment Year 1990-91. Reassessment Based on Change of Opinion Without Fresh Material is Invalid and Section 45(4) Does Not Apply to Distribution of Assets on Retirement of Partner.

21 Nov 2016

The petitioner, a partnership firm, challenged a notice under Section 148 of the Income Tax Act, 1961 dated 21st July 2003 seeking to reopen the asses...

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