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Sharing post-psrtnership profits

Language: English Series: Times ; 4 May 1995, 34(1)Publication details: 1995Subject(s): Summary: 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.

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.