https://www.taxtmi.com/caselaws?id=103002 The State Commission upheld the liability of all partners, including the appellants, for repayment of deposits made by complainants with a credit corporation under the Indian Partnership Act. The Commission dismissed the appeals, affirming the order for refund with interest and costs to the complainants, as the appellants failed to substantiate claims of fraud and forgery regarding their partnership and certified Form "A" registration documents established their partnership in the corporation. The State Commission emphasized partners' joint and several liability for firm obligations, regardless of retirement claims until proper notice is given. en-us Wed, 25 Oct 1995 00:00:00 +0530 Mon, 18 Feb 2013 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103002 The State Commission upheld the liability of all partners, including the appellants, for repayment of deposits made by complainants with a credit corporation under the Indian Partnership Act. The Commission dismissed the appeals, affirming the order for refund with interest and costs to the complainants, as the appellants failed to substantiate claims of fraud and forgery regarding their partnership and certified Form "A" registration documents established their partnership in the corporation. The State Commission emphasized partners' joint and several liability for firm obligations, regardless of retirement claims until proper notice is given. Case-Laws Companies Law Wed, 25 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103002