Sachhidananda Banerjee (Dead) Thr. Lrs vs Tilakram Ghosh (Dead)Thr. Lrs. & Ors

The Supreme Court addressed a modification application regarding a partnership dispute over a theater, initially clarified in its 1992 judgment. The Court held that the Ghosh Group's failure to pay the assessed amount allowed the Sadhukhan Group to purchase the Ghosh Group's 17% shares for Rs.3,06,000, based on the original valuation of Rs.18,00,000. The Court emphasized the need for expedient resolution of inter se disputes between the Sadhukhan and Banerjee Groups, affirming the revival of the partnership following the setting aside of a prior arbitration award.