[06/09, 08:27] Girija Vel: 20. The period of limitation for filing a suit for rendition ofaccount is three years from the date of dissolution. In the presentcase, the firm dissolved in year 1984 by virtue of death of Shri M.Balraj Reddy and thus, the suit could only have been institutedwithin a period of three years from that event. Indisputably, thesuit came to be filed in the year 1996 and was clearly time-barred,therefore, learned Single Judge was justified in accepting theC.C.C. Appeal No. 35 of 1999 and rejecting the suit as beinghopelessly barred by limitation.👇👇👇[06/09, 08:27] Girija Vel: _Case:S.Shivraj Reddy (D) Thr. LRs. & Anr. Vs. S. Raghuraj Reddy & Ors.

Citation:
2024 ALL SCR 1315…

SC : Limitation – Dissolution of partnership firm by one partner death in 1984 – Limitation period for filling rendition of account suit, 3 year form dissolution date – Suit field in 1996, Clearly time barred._

_Partnership Act (1933),S.42(c) – Limitation Act (1963),S.3 – Dissolution of partnership firm – Limitation – Partnership firm was partnership at will – It was dissolved immediately on death of one of the partners in year,1984 – However, suit was filled for dissolution of firm and for rendition of account in year, 1996 – Period of limitation for filing suit for rendition of account is three year for. Date of dissolution – Business activities, even if carried on by remaining partners of firm after death of one partner, would be deemed to be carried in their individual capacity suit held to be clearly time barred

[06/09, 08:27] Girija Vel: 20. The period of limitation for filing a suit for rendition of
account is three years from the date of dissolution. In the present
case, the firm dissolved in year 1984 by virtue of death of Shri M.
Balraj Reddy and thus, the suit could only have been instituted
within a period of three years from that event. Indisputably, the
suit came to be filed in the year 1996 and was clearly time-barred,
therefore, learned Single Judge was justified in accepting the
C.C.C. Appeal No. 35 of 1999 and rejecting the suit as being
hopelessly barred by limitation.👇👇👇
[06/09, 08:27] Girija Vel: _Case:
S.Shivraj Reddy (D) Thr. LRs. & Anr. Vs. S. Raghuraj Reddy & Ors.

Citation:
2024 ALL SCR 1315…

SC : Limitation – Dissolution of partnership firm by one partner death in 1984 – Limitation period for filling rendition of account suit, 3 year form dissolution date – Suit field in 1996, Clearly time barred._

_Partnership Act (1933),S.42(c) – Limitation Act (1963),S.3 – Dissolution of partnership firm – Limitation – Partnership firm was partnership at will – It was dissolved immediately on death of one of the partners in year,1984 – However, suit was filled for dissolution of firm and for rendition of account in year, 1996 – Period of limitation for filing suit for rendition of account is three year for. Date of dissolution – Business activities, even if carried on by remaining partners of firm after death of one partner, would be deemed to be carried in their individual capacity suit held to be clearly time barred