Supreme Court of India · 2020-05-26
GURUNANAK INDUSTRIES FARIDABAD vs AMAR SINGH(D) THRU LRS
- Citation / case number
- SC 2009/33609
- Court
- Supreme Court of India
- Petitioner
- GURUNANAK INDUSTRIES FARIDABAD
- Respondent
- AMAR SINGH(D) THRU LRS
- Author
- HON'BLE MR. JUSTICE SANJIV KHANNA
- Bench
- HON'BLE MR. JUSTICE A.M. KHANWILKAR, HON'BLE MR. JUSTICE DINESH MAHESHWARI, HON'BLE MR. JUSTICE SANJIV KHANNA
Judgment text excerpt
The Supreme Court addressed the dispute regarding the retirement of Amar Singh from the partnership firm Guru Nanak Industries. The court examined the validity of the claims made by the remaining partners regarding Amar Singh's retirement and the acceptance of his share capital. It was held that the evidence presented, including the communication to the bank, supported the assertion that Amar Singh had indeed retired and accepted his dues, thus affirming the decision of the lower courts.