KARUMUTHU THIAGARAJAN CHETTIARAND ANOTHER vs E. M. MUTHAPPA CHETTIAR.

The Supreme Court held that the partnership between the appellant and the respondent was not a partnership at will, as the duration could be implied from the agreement, which provided for management in rotation every four years. The Court ruled that the termination of the managing agency by the appellant was not legally valid under Section 7 of the Partnership Act, 1932, as the partnership was intended to have a duration despite not being expressly stated. The Court upheld the High Court's decision that the managing agency was terminated legally by the board of directors due to disputes between the partners, thus dismissing the appeal.