https://www.taxtmi.com/caselaws?id=796932 Registration of a partnership firm was established through the Registrar of Firms' memorandum and certified Form VIII, removing the bar on instituting a suit under the Indian Partnership Act. However, recovery based on individual unpaid invoices was time-barred because the claim was not founded on a running account, and the relevant communication acknowledged and paid only specified invoices while disputing others. Winding-up proceedings did not suspend or extend limitation for an independent civil recovery action. Consequently, the firm could validly institute the suit, but no monetary recovery was available for the time-barred invoice claims. en-us Wed, 12 Aug 2026 00:00:00 +0530 Thu, 13 Aug 2026 08:30:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796932 Registration of a partnership firm was established through the Registrar of Firms' memorandum and certified Form VIII, removing the bar on instituting a suit under the Indian Partnership Act. However, recovery based on individual unpaid invoices was time-barred because the claim was not founded on a running account, and the relevant communication acknowledged and paid only specified invoices while disputing others. Winding-up proceedings did not suspend or extend limitation for an independent civil recovery action. Consequently, the firm could validly institute the suit, but no monetary recovery was available for the time-barred invoice claims. Case-Laws Companies Law Wed, 12 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796932