Mohd. Laiquiddin & Anr vs Kamala Devi Misra (Dead) By Lrs. & Ors

The Supreme Court upheld the High Court's decision to modify the order of the First Appellate Court regarding the dissolution of a partnership firm under the Indian Partnership Act, 1932. The Court emphasized that mutual distrust and the defendant's failure to provide annual accounts justified the dissolution of the partnership. The Court affirmed that the plaintiff's right to a minimum guaranteed profit under the partnership deed was violated, leading to the conclusion that the partnership could not continue.