Tag: Section 37

Outgoing Partner Entitled To The Profits Partnership Act

Outgoing Partner Entitled To The Profits: Partnership Act

Friday November 15, 2024. BY ISHAN GAMBHIR | Civil

The Hon’ble Supreme Court (“Hon’ble SC“) in its recent judgment[i], held that in an event, a partner is carrying out business with the assets of the firm, he is entitled to his share of profits

Court Adjudicating Upon Arbitration Award u/s 34 Holds Power to Recalculate Compensation Granted Under NHAI Act: Allahabad High Court

Court Adjudicating Upon Arbitration Award u/s 34 Holds Power to Recalculate Compensation Granted Under NHAI Act: Allahabad High Court

Wednesday November 8, 2023. BY Shivangi Dubey and Aaushi Doshi | Arbitration and Conciliation

Introduction The High Court of Allahabad (“the HC”) in the case of Chandra Kishori (“A1”) v. Union of India Thru. Chairman Of National Highway Authority of India and 2 Others; and  Om Prakash (“A2”) v.