SC: Partnership Cannot Be Used to Mask Illegal Sub-Lease; Courts Will Lift the Veil
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SC: Partnership Cannot Be Used to Mask Illegal Sub-Lease; Courts Will Lift the Veil

Case Law Details

Case Name
M.V. Ramachandrasa Since Deceased Vs Mahendra Watch Company Represented By Its Partners & Ors. (Supreme Court of India)
Date of Judgement/Order
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M.V. Ramachandrasa Since Deceased Vs Mahendra Watch Company Represented By Its Partners & Ors. (Supreme Court of India) SC: Partnership Cannot Be Used to Mask Illegal Sub-Lease; Courts Will Lift the Veil The Supreme Court has held that a partnership arrangement cannot be used as a device to conceal an unlawful transfer of possession of tenanted premises. While tenants are permitted to enter into partnerships, such arrangements must be genuine and should not result in parting with legal possession or control. The Court clarified that where, in substance, the original tenant has relinquished...
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Author Info

CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka
Articles Published: 5,486

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