Supreme Court · 1976 INSC 100 · Decided 5 April 1976
Mohatia Brothers v. Bharat Suryodaya Mills CO. LTD., Ahmedabad
- Court
- Supreme Court of India
- Citation
- 1976 INSC 100 · [1976] 3 S.C.R. 1022
- Case number
- CIVIL APPEAL No. 2075/1968
- Decided
- 5 April 1976
- Bench
- HANS RAJ KHANNA, P.K. GOSWAMI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution; Companies Act Section 87; Income Tax Act Section 26A
Headnote
Indian Partnership Act (9 of 1932), s. 69-Scope of-Partnership deed sho~ing partners-Later deed showing change in partners-Proof, that it was 1101 acted upon. 'The appellant, a registered partnership-firm, was the managing agent of the respondent. After submitting its resignation to the board of filed a suit claiming a sum of money in accordance with an agreed scheme. The appellant-firm consisted of 5 partners with effect from April 1, 1949, and in addition, a minor was entitled to a 4-anna share in the profits of the partnership but was not liable for the losses. The minor was
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