https://www.taxtmi.com/caselaws?id=292082 A contractual partnership is dissolved on the death of one partner, unless a fresh arrangement to continue the business can be inferred from later conduct. On that basis, a general suit for accounts and share of profits is governed by the applicable limitation period and may be time-barred. However, a separate claim limited to the plaintiff's share in partnership assets realised by the other partners after compromise is not necessarily barred with the general account claim, because it concerns a narrower inquiry and does not require reopening the entire partnership accounts. The matter was remanded to examine implied continuation of the partnership and, failing that, entitlement to a share in the realised assets. en-us Wed, 21 Dec 1904 00:00:00 +0521 Sat, 05 Dec 2020 18:22:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292082 A contractual partnership is dissolved on the death of one partner, unless a fresh arrangement to continue the business can be inferred from later conduct. On that basis, a general suit for accounts and share of profits is governed by the applicable limitation period and may be time-barred. However, a separate claim limited to the plaintiff's share in partnership assets realised by the other partners after compromise is not necessarily barred with the general account claim, because it concerns a narrower inquiry and does not require reopening the entire partnership accounts. The matter was remanded to examine implied continuation of the partnership and, failing that, entitlement to a share in the realised assets. Case-Laws Indian Laws Wed, 21 Dec 1904 00:00:00 +0521 https://www.taxtmi.com/caselaws?id=292082