https://www.taxtmi.com/caselaws?id=273003 A reconstituted partnership may be bound by an earlier firm debt where the evidence shows assumption of liability by the new firm and the creditor's assent to treat the debt as continuing against it. The article also notes that part-payments and acknowledgments made in the course of firm business can extend limitation against all partners, including an incoming partner who acted as a partner by conduct and correspondence. The plaintiff's deposit and endorsements were treated as proved on the documentary and oral record, and the territorial jurisdiction of the Devakottai Sub-Court was upheld. The decree below was affirmed with a modification in the mode of recovery. en-us Mon, 13 Feb 1956 00:00:00 +0530 Wed, 30 May 2018 15:09:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273003 A reconstituted partnership may be bound by an earlier firm debt where the evidence shows assumption of liability by the new firm and the creditor's assent to treat the debt as continuing against it. The article also notes that part-payments and acknowledgments made in the course of firm business can extend limitation against all partners, including an incoming partner who acted as a partner by conduct and correspondence. The plaintiff's deposit and endorsements were treated as proved on the documentary and oral record, and the territorial jurisdiction of the Devakottai Sub-Court was upheld. The decree below was affirmed with a modification in the mode of recovery. Case-Laws Indian Laws Mon, 13 Feb 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273003