Time-Barred Suit Must Be Dismissed Even If Plea Of Limitation Isn't Raised As Defence: Supreme Court
New Delhi, May 16, 2024: In a significant ruling, the Supreme Court of India has upheld the dissolution and ordered the accounting of two partnership firms in a detailed judgment that brings clarity to the application of the Indian Partnership Act, 1932. The case, which has spanned multiple appeals over several years, involves intricate issues of partnership dissolution and the rendering of accounts. Case Background: The case, titled S. Shivraj…
