Outgoing Partner Entitled to Profits from Firm’s Assets Until Final Settlement: Supreme Court

In a significant decision, the bench of Chief Justice Dr. D.Y. Chandrachud, Justice J.B. Pardiwala and Justice Manoj Misra, upheld the rights of an outgoing partner to claim profits derived from firm assets until a final settlement is reached. The ruling came in a long-standing partnership dispute involving Crystal Transport Private Limited and A. Fathima

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