Sharing post-psrtnership profits
Sharing post-psrtnership profits
- 1995
- Times 4 May 1995, 34(1) .
In "Popat v Shonchhatra", ChD 4 April 1995, it was held that where a partnership in which the partners had made unequal capital contributions to the partnership assets was determinable at will, it was inappropriate to apportion the post-determination capital profits on a 50-50 basis.
APPORTIONMENT OF PROFITS
CAPITAL CONTRIBUTIONS
PARTNERSHIP ASSETS
PARTNERSHIPS
In "Popat v Shonchhatra", ChD 4 April 1995, it was held that where a partnership in which the partners had made unequal capital contributions to the partnership assets was determinable at will, it was inappropriate to apportion the post-determination capital profits on a 50-50 basis.
APPORTIONMENT OF PROFITS
CAPITAL CONTRIBUTIONS
PARTNERSHIP ASSETS
PARTNERSHIPS