https://www.taxtmi.com/caselaws?id=97613 A suit by members of an unregistered association for rendition of accounts and share of profits was held not maintainable because the association was formed in contravention of Section 4(2) of the Rewa State Companies Act, 1935; where a partnership or association is prohibited by a public statute members have no remedy against one another for accounts or apportionment of profits arising from partnership transactions. The ruling distinguishes claims for restitution of subscriptions (where illegal purpose was not executed) from attempts to enforce profit-sharing arising from the illegal association. en-us Tue, 09 Dec 1958 00:00:00 +0530 Thu, 04 Aug 2016 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97613 A suit by members of an unregistered association for rendition of accounts and share of profits was held not maintainable because the association was formed in contravention of Section 4(2) of the Rewa State Companies Act, 1935; where a partnership or association is prohibited by a public statute members have no remedy against one another for accounts or apportionment of profits arising from partnership transactions. The ruling distinguishes claims for restitution of subscriptions (where illegal purpose was not executed) from attempts to enforce profit-sharing arising from the illegal association. Case-Laws Companies Law Tue, 09 Dec 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97613