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    <title>1928 (1) TMI 4 - RANGOON HIGH COURT</title>
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    <description>A partnership arrangement could not bind the deceased partner&#039;s minor children because a widow acting on their behalf lacked contractual competence, so the agreement was ineffective against the minors. A suit for dissolution and accounts was not barred by limitation, as it was not a rescission claim and the residuary limitation article applied from the defendant&#039;s refusal to pay profits. The joinder objections were only technical and caused no prejudice. The plaintiffs were entitled to accounts, their shares in the firm assets and profits, and a deduction for reasonable managerial remuneration before net profits were calculated.</description>
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    <pubDate>Wed, 25 Jan 1928 00:00:00 +0530</pubDate>
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      <title>1928 (1) TMI 4 - RANGOON HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=277048</link>
      <description>A partnership arrangement could not bind the deceased partner&#039;s minor children because a widow acting on their behalf lacked contractual competence, so the agreement was ineffective against the minors. A suit for dissolution and accounts was not barred by limitation, as it was not a rescission claim and the residuary limitation article applied from the defendant&#039;s refusal to pay profits. The joinder objections were only technical and caused no prejudice. The plaintiffs were entitled to accounts, their shares in the firm assets and profits, and a deduction for reasonable managerial remuneration before net profits were calculated.</description>
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      <pubDate>Wed, 25 Jan 1928 00:00:00 +0530</pubDate>
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