Showing : 11-20 of 31 Results

MADRAS HIGH COURT
Year of decision: 2010
Details
Negotiable Instruments Act, 1881, Section 138-- Dishonour of cheque - Partnership firm - Liability of - 1st accused firm borrowed money from respondent/complainant - Partnership business was closed and liabilities of each of partners i.e., petitioner before us as also the other partner was arrived at and towards their respective dues, they have..........
DELHI HIGH COURT
Year of decision: 2009
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Complaint against partnership firm and its partners - Averment in complaint against accused Nos.2 & 3 that they were the partners of the firm and were responsible for all sort of business affairs of the firm - Criminal liability can be fastened against those partners who at..........
MADRAS HIGH COURT
Year of decision: 2007
Details
Partnership Act, 1932, Section 32, 63, 72-- Partnership - Liability of retiring partner to third party for acts of firm done before his date of retirement - Partner would continue to be liable to third party until public notice is given as to his retirement - Money decree against partnership firm and its three partners - Execution -..........
KARNATAKA HIGH COURT
Year of decision: 2006
Details
Partnership Act, 1932, Section 32(2), 32(3), 44, Negotiable Instruments Act, 1881, Section 4, Civil Procedure Code, 1908, Order 37, Rule 1 & 2-- Promissory note - Partnership firm - Liability of retired partner - Promissory note executed by partners of firm - One of partner denying his liability thereunder on ground that he had since retired from firm and liability has to be met by reconstituted firm - Held, person who had executed..........
PUNJAB AND HARYANA HIGH COURT
Year of decision: 2006
Details
Negotiable Instruments Act, 1881, Section 138-- Different cheque number - Cheque number different than that reflected in the settlement deed entered into between the partners - Factum of agreement of liability admitted - Number of cheque presented, number of cheque reflected in notice and number of cheque mentioned in complaint same - Drawer of..........
JAMMU AND KASHMIR HIGH COURT
Year of decision: 2006
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Partner - All partners are not liable for the offence - Criminal liability has been fastened on those who, at the time of the commission of the offence, was incharge of and was responsible to the firm for the conduct of the business of the firm - No such allegation in..........
SUPREME COURT OF INDIA
Year of decision: 2005
Details
Partnership Act, 1932, Section 25-- Partnership firm - Liability of partners - It is joint and several - A creditor of the firm can recover the debt from any one or more of the partners - Each partner is liable as if the debt of the firm has been incurred on his personal liability...........
PUNJAB AND HARYANA HIGH COURT
Year of decision: 2005
Details
Essential Commodities Act, 1955, Section 7, 10, Fertilizer (Control) Order, 1985-- Clause 19(1) - Firm - Partners - Liability - No averment that partners were incharge and responsible to the company for conduct of its business - In absence of averments to this effect in the complaint, partners of the firm cannot be prosecution - Prosecution qua petitioners quashed...........
PUNJAB AND HARYANA HIGH COURT
Year of decision: 2004
Details
Partnership Act, 1932, Section 20, 22-- Firm and its partners - Liability - A partnership firm has no independent entity of its own and all the liabilities against the firm or all acts done by any one of its partners for and on behalf of the firm shall bind all the other partners as well - S.20 is an exception to the implied authority -..........
SUPREME COURT OF INDIA
Year of decision: 2003
Details
Partnership Act, 1932, Section 32-- Liability of a retiring partner to third party - Can be discharged only if there is an agreement made by retiring partner with third party and the partners of reconstituted firm - An agreement can be implied by the course of dealing between such third party and the reconstituted firm...........

Showing : 11-20 of 31 Results