RAJENDRAN vs SHANKAR SUNDARAM .

The Supreme Court held that under the Partnership Act, 1932, partners can bind the firm in transactions conducted in the firm's name, even if one partner is not directly involved in the borrowing. The Court emphasized that the plaintiff's claim for recovery of Rs. 70,30,000/- with interest is valid as the cheque was issued in the firm's name, establishing joint and several liabilities among the partners. The Court upheld the High Court's decision to allow the interim application for attachment, rejecting the appellants' argument regarding the misuse of funds.