K.P.A. VELLAYAPPA NADAR (DEAD) THROUGH LRS. vs BHAGIRATHI AMMAL AND OTHERS.

The Supreme Court upheld the trial court's finding that the partnership firm 'N.A. Pappuraja Sons' was dissolved on February 14, 1970, with mutual consent, and that the appellant, K.P.A. Vellayappa Nadar, had no liability to render accounts for the new partnership formed on February 15, 1970, under Ex.B-1. The Court emphasized that the goodwill and liabilities were settled at the time of dissolution, thus affirming that the appellant was not responsible for any losses incurred by the new firm. The appeal was dismissed, affirming the trial court's judgment.