https://www.taxtmi.com/caselaws?id=192226 A partnership formed for a fixed term was held to dissolve on expiry of that term because no contrary contract was proved. The surrounding documents and correspondence did not establish any implied agreement that the partners would continue the venture after the lease ended or that the mills acquired later were partnership assets. Post-dissolution authority was limited to winding up unfinished matters and did not keep the firm alive for a fresh claim to accounts. As the suit for rendition of partnership accounts was filed more than three years after the fixed term expired, it was barred by limitation. en-us Wed, 01 May 1974 00:00:00 +0530 Sat, 20 May 2017 10:49:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192226 A partnership formed for a fixed term was held to dissolve on expiry of that term because no contrary contract was proved. The surrounding documents and correspondence did not establish any implied agreement that the partners would continue the venture after the lease ended or that the mills acquired later were partnership assets. Post-dissolution authority was limited to winding up unfinished matters and did not keep the firm alive for a fresh claim to accounts. As the suit for rendition of partnership accounts was filed more than three years after the fixed term expired, it was barred by limitation. Case-Laws Indian Laws Wed, 01 May 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192226