https://www.taxtmi.com/caselaws?id=39547 A partnership deed is legally effective where it provides for sharing of profits and losses and authorises one partner to carry on the business on behalf of all, even if that partner has predominant managerial control. Concentration of control in one partner does not, by itself, negate the element of agency or convert the relationship into master and servant. If the deed is not shown to be a mere cloak, the firm retains legal recognition as a partnership and registration cannot be denied on that basis. en-us Mon, 05 Aug 1974 00:00:00 +0530 Sat, 17 Apr 2010 12:05:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39547 A partnership deed is legally effective where it provides for sharing of profits and losses and authorises one partner to carry on the business on behalf of all, even if that partner has predominant managerial control. Concentration of control in one partner does not, by itself, negate the element of agency or convert the relationship into master and servant. If the deed is not shown to be a mere cloak, the firm retains legal recognition as a partnership and registration cannot be denied on that basis. Case-Laws Income Tax Mon, 05 Aug 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39547