https://www.taxtmi.com/caselaws?id=302911 The court dismissed the appeal, finding that the appellants had committed an act of insolvency under Section 9(g) of the Presidency Towns Insolvency Act. The court held that the letters Exs. P. 5 and P. 6 were valid evidence of the suspension of payments and that the actions of the fourth appellant were binding on all partners. The appeal was dismissed without any order as to costs. en-us Wed, 18 Mar 1981 00:00:00 +0530 Thu, 23 Jun 2022 17:48:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302911 The court dismissed the appeal, finding that the appellants had committed an act of insolvency under Section 9(g) of the Presidency Towns Insolvency Act. The court held that the letters Exs. P. 5 and P. 6 were valid evidence of the suspension of payments and that the actions of the fourth appellant were binding on all partners. The appeal was dismissed without any order as to costs. Case-Laws Indian Laws Wed, 18 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302911