Supreme Court of India
Pamuru Vishnu Vinodh Reddy v. Chillakuru Chandrasekhara Reddy and Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
2 Supreme Court benches have cited this judgment.
What the Court ordered
We hold that the retirement was obtained by consent of all partners Section 32(a) of the Partnership Act is attracted and a retirement with the consent of all the other partners can be effected without dissolution.
Judgment, page 6
From the headnote
Partnership Act, 1932-Sections 32 and 37-Share of the retiring partner-Ascertainment-Relevant date-Date of retirement or the date on which Commissioner made valuation of the share-Held: Relevant date for ascertainment of retiring partner's share is the date on which he ceased to be a partner since cause of action for the retiring partner arose on the date of his retirement from p.:irtnership firm and on this date liability of other partners also arose.…
Where later benches applied it
- 2026 V. Sumitra Reddy v. K. Ranganadha Reddy.
- 2020 Gurunanak Industries Faridabad v. Amar Singh(d) Thru Lrs
Of those, 2 mentioned
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