Supreme Court · 1974 INSC 92 · Decided 11 April 1974
Ramagya Prasad Gupta & ORS. v. Murli Prasad & Ors .
- Court
- Supreme Court of India
- Citation
- 1974 INSC 92 · [1974] 3 S.C.R. 915
- Case number
- CIVIL APPEAL No. 1710/1967
- Decided
- 11 April 1974
- Bench
- P. JAGANMOHAN REDDY, HANS RAJ KHANNA, P.K. GOSWAMI (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 65; Registration Act; Electricity Act
Headnote
li1dia11 Electricity Act-1910 read with the Indian Contract A.er-Whether 1no11tY ndvanced by partners in pursuance of an agree111ent whicli subsequenlly beco111ts l'Ofd is recoi•erable. One M obtained a licence for electrification of the Chapra town. Later the licence was assigned to J and Electric Supply Co.· Ltd; which went into voluntary liquidation in 1944. Thereafter, .5 penons entered into an oral agreement of partnership to buy the undertaking and .. their respective ~hares were :- A 8 annas. M 4 annas, P had 2 annas and G &: N had one anua each. lt was also
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