Supreme Court of India
V. Anantha Raju & Anr v. T.M. Narasimhan & 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 are of the considered view that the trial court as well as the High Court have erred in holdi ng that the plaintiffs together were entitled to only 10% share in the profits and losses of the partnership firm till 18.6.2004.
Judgment, page 30
From the headnote
Partnership – Share in the profit and loss – part nership firm was constituted in the year 1986 – In 1992 the partnership firm was re- constituted and the plaintiff no.1/appe llant No.1 was inducted as a partner with 50% share in profit and loss, along wi th original partners, i.e., defendant Nos. 1 to 5 – It was however provided in the 1992 Deed, that if plaintiff no.1 fails to bring i n an amount of Rs.50,00,000/- as his capital contribution on or before 31.3.1993, his share in the firm would be only to the extent of 10% – The firm was again reconstituted in 1995, whereby the plaintiff
Authorities it was built on
Where later benches applied it
- 2025 M.S. Ananthamurthy & Anr. v. J. Manjula
- 2024 Tej Bhan (d) through Lr. & Ors. v. Ram Kishan (d) through Lrs. & Ors.
Of those, 2 mentioned
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- The ratio: what the Court held, verbatim, with the page it sits on
- Every bench that relied on it, and every bench that argued against it
- Search every reported judgment, by party, citation or question
- Download the PDF, copy pinpoint citations ready for a filing
An email address, no password.