Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
SC upheld the jurisdictional bar under Section 69(1) of the Indian Partnership Act, 1932, rendering the suit by partners of an unregistered partnership firm for money recovery non-maintainable. The Court conclusively determined that since the partnership firm was unregistered, the plaintiffs were legally precluded from filing a suit against another partner for monetary recovery. The High Court's order was affirmed, and the Special Leave Petition was dismissed, establishing that an unregistered partnership firm cannot pursue such legal proceedings without first registering the partnership.
SC upheld the jurisdictional bar under Section 69(1) of the Indian Partnership Act, 1932, rendering the suit by partners of an unregistered partnership firm for money recovery non-maintainable. The Court conclusively determined that since the partnership firm was unregistered, the plaintiffs were legally precluded from filing a suit against another partner for monetary recovery. The High Court's order was affirmed, and the Special Leave Petition was dismissed, establishing that an unregistered partnership firm cannot pursue such legal proceedings without first registering the partnership.
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