Supreme Court Clarifies Profit Sharing After Dissolution of Partnership: Crystal Transport vs. Fathima Fareedunisa (2024) Date of the Judgment: November 8, 2024 Citation: 2024 INSC 859 Judges: Dr. D.Y. Chandrachud, CJI., J.B. Pardiwala, J., Manoj Misra, J. Can a partner claim a share of profits from a company that continues to use the partnership’s assets […]
Supreme Court clarifies the distinction between retirement and dissolution of a partnership firm: Guru Nanak Industries vs. Amar Singh (2020) LEGAL ISSUE: Clarification on the distinction between retirement of a partner and dissolution of a partnership firm. CASE TYPE: Partnership Law Case Name: Guru Nanak Industries, Faridabad and Another vs. Amar Singh (Dead) through LRS
Supreme Court clarifies execution of decree against legal heirs in partnership dissolution: S.P. Misra vs. Mohd. Laiquddin Khan (2019) LEGAL ISSUE: Whether a decree obtained against a partner can be executed against their legal heirs after the dissolution of the partnership due to the partner’s death. CASE TYPE: Civil Law, Partnership. Case Name: S.P. Misra
