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K. Thiagarajan Chettiar
4
Transcript
FACTS
- entered into a written partnership agreement for the managing agency business
- Disputes arose
- termination of the partnership
- terminated the managing agency of Muthappa Chettiar
RESPONDENTS: -
- fraud was involved on TC's part
APPELLENTS:-
- no fraud and collusion
- partnership at will
- suit was barred
JUDGEMENT
CONCLUSION
- legally dissolved by TC
- No case of fraud
Supreme Court allowed K. Thiagarajan Chettiar appeal in part with Muthappa Chettiar paying the costs of Saroja Mills throughout.
- The suit against the Saroja mills was barred
K. Thiagarajan Chettiar
V.S.
Muthappa Chettiar
- TC to account for the profits earned
Issues:
1 - Is this partnership a partnership at will?
2 - Has the managing agency been terminated legally?
3 - Was there any fraud on the part of TC?
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