Partnership Property
Partnership Property legal meaning, translation and judicial precedents.
Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)
Partnership Property Legal title vests in partners-Title, however, does not make partners joint owners in immovable property of firm.
S. 14-Partnership property-Premises held on lease by one partner, allowed to be used for partnership business-No written agreement-Oral agreement confined to sharing of profits and allowing partnership to use disputed premises -Held: No further agreement should be implied or inferred with regard to lease of premises-Mere use of such premises by partnership would not make premises part of partnership property-Such premises after dissolution of partnership should be treated as being property of partner who brought it into partnership.
"Partnership Property", Pakistan Law Portal, available at: https://paklawportal.com/words-terms-maxims/12486
Precedents & Case Laws citing "Partnership Property"
P L D 1968 Karachi 657
KHUDA BUX‑Appellant Versus Syed BADRUL HASAN‑Respondent
Court:P L D 1976 Karachi 1018
Syed UMER‑Decree‑Holder Versus TAHIR ALI‑Judgment‑Debtor
Court: O. XXI, r. 49‑Execution of decree‑Attachment of partnership property‑Decree not against firm or a partner of firm as such‑Held, partnership property cannot be sold in execution of such decree‑Interest of judgment‑debtor‑partner in partnership business and not assets of firm can, however, be charged under r. 49(2).‑Execution of decree.2000 P T D 2933
COMMISSIONER OF INCOME-TAX Versus SARASWATHI TALKIES
Court: 234 I T R 7561980 C L C 1851
Applicant Versus S. M. ALAM, SECTION OFFICER, MINISTRY OF
Court: --- O. XXI, r. 46/49 and Custom House Agents (Licensing) Rules, 1965-Execution of decree-Attachment-Security deposit with Customs Authorities-Not liable to be attached as a debt under O. XXI, r. 46, C. P. C.-Attachment---Decree.1973 P T D 422
COMMISSIONER OF INCOME‑TAX, LAHORE ZONE (WEST PAKISTAN), LAHORE Versus MESSRS JAMAL ICE FACTORY, MULTAN
Court: High CourtP L D 1960 Supreme Court (Pak
MR. B. A. SHEIKH-Appellant Versus THE CUSTODIAN, EVACUEE PROPERTY, WEST PAKISTAN, AND OTHERS-Respondents
Court:1968 P Cr
JULIAN H. DINSHAW AMID ANOTHER — Petitioners Versus AHMED ALI MUHAMMAD KARAMALI AND ANOTHER-Respondents
Court: Supreme CourtP L D 1962 (W
ZAINAB BAI — ‑Plaintiff Versus IBRAHIMJI AND OTHERS‑Defendants
Court:1968 SCMR 470
JULIAN H. DINSHAW AND ANOTHER — Petitioners Versus AHMED ALI MUHAMMAD KARAM ALI AND ANOTHER-Respondents
Court: High CourtP L D 1973 Lahore 356
COMMISSIONER OF INCOME‑TAX, LAHORE ZONE (WEST PAKISTAN), LAHORE‑Petitioner Versus MESSRS JAMAL ICE FACTORY, MULTAN‑Respondent
Court: High Court