https://www.taxtmi.com/caselaws?id=174756 Sections 2 and 3 of the Partition Act, 1893 are attracted only when a shareholder expressly seeks public sale and distribution of the proceeds; a plea for one co-sharer to buy out the other does not satisfy that statutory condition. Even where the Act does not apply, if property cannot be conveniently partitioned by metes and bounds, the court may adopt an equitable mode of partition by allowing one co-sharer to retain the property on payment of compensation. Any such valuation must be fair and realistic, and the compensation was remitted for reconsideration on fresh evidence. en-us Fri, 10 Mar 1978 00:00:00 +0530 Mon, 19 Oct 2015 12:42:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174756 Sections 2 and 3 of the Partition Act, 1893 are attracted only when a shareholder expressly seeks public sale and distribution of the proceeds; a plea for one co-sharer to buy out the other does not satisfy that statutory condition. Even where the Act does not apply, if property cannot be conveniently partitioned by metes and bounds, the court may adopt an equitable mode of partition by allowing one co-sharer to retain the property on payment of compensation. Any such valuation must be fair and realistic, and the compensation was remitted for reconsideration on fresh evidence. Case-Laws Indian Laws Fri, 10 Mar 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174756