Supreme Court · 1974 INSC 201 · Decided 9 October 1974
Union of India & ORS. v. M/S Exen Industries
- Court
- Supreme Court of India
- Citation
- 1974 INSC 201 · [1975] 2 S.C.R. 364
- Case number
- CIVIL APPEAL No. 1612/1972
- Decided
- 9 October 1974
- Bench
- KUTTYIL KURIEN MATHEW, A. ALAGIRISWAMI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Import Trade Control Po/Jcy-Licences ·10 partnership-Licence entitlement of quondam partners after disso/11tlon. A B A partnership was dissolved and the deed of dissolution provided that the machinery, raw-materials and finished goods in stock as also other assets and liabi· lities the firm name, the benefit of the existing import licences, and of pending applications for import licences. Thereafter the respon· C dent-firm applied for import licences for necessary raw-materials and was granted 50% of'what the original firm was getting. The respondent filed a
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