https://www.taxtmi.com/caselaws?id=290596 A partnership between the individuals composing a firm and another individual is not unlawful merely because one side is described by a firm name; the statutory concept of "person" is wide enough to include an association of individuals, and the objection fails where the real parties are the partners themselves. In a suit for dissolution and accounts, a special account of post-dissolution profits from use of partnership assets is not required as a matter of course; the ordinary partnership accounts are normally sufficient, with further relief depending on the facts. The partnership was recognised as valid, dissolved from 31 December 1924, and the parties' shares and ordinary accounts were directed. en-us Tue, 02 Feb 1932 00:00:00 +0530 Tue, 06 Oct 2020 16:17:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290596 A partnership between the individuals composing a firm and another individual is not unlawful merely because one side is described by a firm name; the statutory concept of "person" is wide enough to include an association of individuals, and the objection fails where the real parties are the partners themselves. In a suit for dissolution and accounts, a special account of post-dissolution profits from use of partnership assets is not required as a matter of course; the ordinary partnership accounts are normally sufficient, with further relief depending on the facts. The partnership was recognised as valid, dissolved from 31 December 1924, and the parties' shares and ordinary accounts were directed. Case-Laws Indian Laws Tue, 02 Feb 1932 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290596