AI Drafter 
TaxTMI 
TaxTMI 
1930 (10) TMI 19
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.... and the appellants under an assignment from S.K.T. and another Chettiar firm T.A.R.M. The effect of these assignments is in issue in the suit. 2. Prior to the death of one Vijayan Servai, in March 1904, S.K.T. had made considerable monetary advances to him, and after his death up to 1906 they had made certain further advances to the administrator of his estate. These advances had been secured by a mortgage for Rs. 10,000 dated 22nd September 1902, and other securities in favour of S.K.T. In fact that money for these advances was provided jointly by S.K.T., R.M.A.T., and another Chettiar firm, T.A.R.M.; the interest of the last-named firm was subsequently taken over by S.K.T., and T.A.R.M. need not be further considered. It is now agreed....
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....ef Court of Burma, the decree was set aside by the Chief Court on 16th August 1909, and an order made that S.K.T. should be struck out as parties to the suit. In a review of judgment; however the Chief Court, on 2nd May 1910 directed that the suit be remanded for making a preliminary decree and that S.K.T. be regarded as claimants, under the said decree to be creditors of the estate and that their claims be taken to have been made on 25th June 1906. On the remand the District Court on 14th August 1911, passed a preliminary-administration decree and, inter alia, ordered that an account be taken of all the liabilities of Vijayan Servai. Thereafter N.R.M.A. were made co-claimants with S.K.T. After the account had been taken, a decree was passe....
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.... : (1) a declaration that the respondents are the owners of an undivided quarter share of the lands purchased by N.E.M.A. in 1920, for partition of the lands and for an account of mesne profits, and (2) an account of the moneys received by S.K.T. and N.E.M.A. as creditor claimants in the administration suit and an account of the expenses incurred therein. 11. By decree dated 4th May 1926, the Trial Judge dismissed the suit with costs, but, on appeal, the High Court of Judicature at Rangoon by decree dated 18th May 1927, upheld the respondents' claim for an account of a one-fourth share of the proceeds of the administration suit come to the hands of the appellants N.E.M.A., but rejected the respondents' claim to a share of the lan....
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....held this, construction to be erroneous, and that the instrument transferred to A.M.K. all the interest of R.M.A.T. in any money recovered by S.K.T. in the administration suit. Their Lordships concur in this view and for the reasons given by the High Court. 16. It will be more convenient to deal with, the second contention last. 17. The third contention raises the question of the nature of the original right, of R.M.A.T. as against S.K.T. The Trial. Judge held that it was a partnership right, which was not assignable by R.M.A.T. to the respondents, that the liability of S.K.T. was not transferred to the appellants by the assignment of 26th September 1906, and that there was no privity of contract between the respondents and, the appel....
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....o account for their share of the advances when recovered, and that on assignation by S.K.T. to N.E.M.A. in 1906 of Vijayan Servai's indebtedness and the securities, N.E.M.A, took subject to the equitable right of R.M.A.T. to claim an account, and that A.M.K. as assignees from R.M.A.T., are now entitled to claim an account. 21. As regards the question on the cross-appeal, their Lordships agree with the conclusion of both Courts below. The respondents A.M.K., appellants in the cross appeal, relied on Section 258, Contract Act of 1872, and Section 88, Trusts Act of 1882. But the appellants N.E.M.A. were not partners of the respondents, and, as regards the Trusts Act, the respondents were unable to show that N.E.M.A. in purchasing the pr....