https://www.taxtmi.com/caselaws?id=96898 The High Court of Judicature at Bombay dismissed the suit brought by a merchant firm in Bombay, affirming the termination of their managing agency by a joint stock company's directors. The termination was justified based on alleged misconduct by the appellants, impacting their ability to fulfill their duties. The courts found that the disputes among the appellant firm partners supported the termination in the company's best interests. The Privy Council upheld this decision, emphasizing the importance of assessing misconduct's impact on the employer's business and confirming the correct application of legal principles in justifying the termination. en-us Thu, 21 Oct 1943 00:00:00 +0630 Wed, 11 Jan 2012 18:46:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96898 The High Court of Judicature at Bombay dismissed the suit brought by a merchant firm in Bombay, affirming the termination of their managing agency by a joint stock company's directors. The termination was justified based on alleged misconduct by the appellants, impacting their ability to fulfill their duties. The courts found that the disputes among the appellant firm partners supported the termination in the company's best interests. The Privy Council upheld this decision, emphasizing the importance of assessing misconduct's impact on the employer's business and confirming the correct application of legal principles in justifying the termination. Case-Laws Companies Law Thu, 21 Oct 1943 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=96898