Court : Mumbai
Decided on : Mar-18-1943
Reported in : AIR1944Bom97; (1943)45BOMLR1059
..... the lighting of the streets itself or enter into a contract for the purpose with a private company. the entering into a contract with the jalgaon electric supply company was, therefore, an act which the municipality was empowered by the act to do, but which it was not required to do. it was a contract voluntarily entered ..... 1940, and a sum of rs. 13-12-6 remained unpaid for the bill of january, 1941, making in all rs. 32-7-0. the electric company gave notice to the municipality on january 8, 1941, calling upon it to pay the amount. when this notice was not complied with another notice was given ..... of the first class subordinate; judge, jalgaon, dismissing a suit brought by the petitioner, the principal officer of the jalgaon electric supply company, ltd., against the borough municipality of jalgaon, the suit was to recover a sum of rs. 32-10-0 due to the jalgaon electric supply ..... municipality filed its written statement in which inter alia it contended that the suit was bad for want of notice under section 206 of the bombay municipal boroughs act. the only question in dispute was, therefore, as to the liability of the municipality to pay three annas for interest and costs' of the suit.2 ..... which it was not compelled to enter into.after examining the provisions of sections 106 and 110 of the act which deal with the powers of the corporation to borrow on the security of debentures the learned chief justice said (p. 692) :-i am clearly of opinion that the wrongful action charged against the .....Tag this Judgment!
Court : Mumbai
Decided on : Feb-15-1943
Reported in : AIR1943Bom201; (1943)45BOMLR358
..... and that the latter should sell their respective shares of annas 2-6 each in the rupee at par, and that they are also to sell the debentures held by them to seth govindram gowardhandas seksaria at par. then he provides that the outgoing partners in the managing agency will be entitled to the managing ..... to be fixed conditional on the parties wishing to sell, because the terms of that document are :if any of us were to sell or buy any debentures of this mill or any share of the managing agency or any kind of 'capital stock' then the prime minister is to fix the price of such ..... mills limited, indore, by this writing authorize the prime minister of the holkar state to fix the price of the transaction of purchase or sale of any debentures of the said mills or any share in the agency or capital stock of any nature that may be effected by any one of us. and the ..... agency and selling agency commission and also interest on their invested capital excluding debentures till the day of payment of the invested capital which must be paid within one month. then he directs that the outgoing partners shall be liable for ..... giving rise to the appeal are these. the plaintiffs and defendants are partners in a firm, the business of which is to act as managing agents of the indore malwa united mills, limited, a company which owns mills in indore state, and they carried on business under articles of partnership dated july 17, 1935, which are .....Tag this Judgment!