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Judgment Search Results Home > Cases Phrase: indian partnership act Court: madhya pradesh Year: 1975 Page 1 of about 2 results (0.056 seconds)

Feb 14 1975 (HC)

Malwa Knitting Works Vs. Commissioner of Income-tax

Court : Madhya Pradesh

Decided on : Feb-14-1975

Reported in : [1977]107ITR379(MP)

..... benefits of registration.'5. in view of the specific finding, we are of the opinion that the facts stand amply established that although the clauses of the partnership empowered shri jagdishrai, advocate, to act on behalf of the firm or to actively participate in its business, the said clauses remained a dead letter and shri jagdishrai, advocate, never participated in ..... even under that act an advocate could not actively participate in the affairs of the business, but he could certainly ..... be a sleeping partner in such business. therefore, it is not possible to hold that merely because there was a clause in the partnership deed empowering shri jagdishrai, advocate, to act on behalf of ..... that the partnership deed would be rendered illegal in such a matter. we are unable .to accept the suggestion. suppose, if shri jagdishrai; advocate, had actively participated in the business of the firm, the partnership itself would not have been rendered illegal. but, at the most, he would have made himself liable for disciplinary action under the indian bar councils act, 1926. .....

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Mar 22 1975 (HC)

Chaturbhujdas and anr. Vs. the State of Madhya Pradesh and ors.

Court : Madhya Pradesh

Decided on : Mar-22-1975

Reported in : AIR1975MP209

..... o munshiram gopal and purushottamdas s/o munshiram vithaldasji with shri ram-kishan gopilal goyal. then shri ramkishan goyal gave this factory on lease to messrs jain brothers, a registered partnership firm of agar of which respondents nos. 4 5, 6 and 7 are partners. the lease was given with the consent of the mortgagor and possession of the factory was ..... constitution of india.3. when the revision petition was filed before the board of revenue, the learned member proceeded to exercise powers under section 56 of the indian stamp act (hereinafter referred to as 'the act'. in exercising these powers, the learned member re-assessed the duty chargeable from the petitioners. it was contended before us that the powers, the board could ..... deciding the matter itself. it is not in dispute that the questions involved in the matter are important question of law relating to the interpretation of certain provisions of the indian stamp act and also about the interpretation of the document which was sought to be registered. learned counsel for the respondent state also contended that the appropriate procedure, which the board ..... against this order, the petitioners went up in revision before the board of revenue. the learned member of the board of revenue, exercising jurisdiction under section 56 of the indian stamp act, passed an order further enhancing the duty and penalty chargeable against the petitioners. after the order of the board of revenue, the sub-divisional officer issued a notice to the .....

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