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" ... (1) Where any member of a firm has died or otherwise ceased to be a partner, and the surviving or continuing partners carry on the business of the firm with Its capital or assets without any final settlement of accounts as between the firm and the... "
A Digest of the Law of Partnership: Incorporating the Partnership Act, 1890 - Side 115
av Frederick Pollock - 1890 - 179 sider
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Accounting Principles and Practice

Reginald George Hampden Smails, Charles Edgar Walker - 1926 - 364 sider
...final settlement of accounts as between the firm and the outgoing partner or his estate, then, in the absence of any agreement to the contrary, the outgoing...profits made since the dissolution as the Court may find attributable to the use of his share of the partnership assets or to interest at the rate of 5 per...
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Cases on Partnership and Other Unincorporated Associations

Scott Rowley - 1927 - 800 sider
...final settlement of accounts as between the firm and the outgoing partner or his estate, then, in the absence of any agreement to the contrary, the outgoing...partnership assets, or to interest at the rate of five per cent per annum on the amount of his share of the partnership assets. (2) Provided that where by the...
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All England Law Reports, Incorporating the Law Times ..., Volum 2,Sider 857-1702

1936 - 882 sider
...then the matter would fall under the Partnership Act, 1890, s. 42 (1), which provides that : In the absence of any agreement to the contrary, the outgoing...option of himself or his representatives to such share o: the profits made since the dissolution as the court may find to be attributable to the use of his...
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Acts of the Legislative Assembly of New Brunswick

New Brunswick - 1921 - 488 sider
...final settlement of accounts as between the firm and the outgoing partner or his estate, then, in the absence of any agreement to the contrary, the outgoing...use of his share of the partnership assets, or to legal interest on the amount of his share of the partnership assets. Act Respecting Partnership. (2)...
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Business Associations, Second Edition

Clement Shum - 1991 - 88 sider
...final settlement of accounts as between the firm and the outgoing partner or his estate, then, in the absence of any agreement to the contrary, the outgoing partner or his estate is entitled to such share of the profits made since the dissolution as the court may find to be attributable to...
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Business Associations, Second Edition

Clement Shum - 1991 - 88 sider
...final settlement of accounts as between the firm and the outgoing partner or his estate, then, in the absence of any agreement to the contrary, the outgoing partner or his estate is entitled to such share of the profits made since the dissolution as the court may find to be attributable to...
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Practice Notes on Partnership Law

Deards - 2013 - 153 sider
...final settlement of accounts as between the firm and the outgoing partner or his estate, then, in the absence of any agreement to the contrary, the outgoing...partnership assets, or to interest at the rate of 5% per annum on the amount of his share of the partnership assets. (2) Provided that where by the partnership...
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Cayman Islands Business Laws

Adam Starchild - 2000 - 439 sider
...final settlement of accounts as between the firm and the outgoing partner or his estate, then, in the absence of any agreement to the contrary, the outgoing...estate is entitled at the option of himself or his executors or administrators to such share of the profits made since the dissolution as the court may...
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Financial Reporting for Business and Practice 2004: Spicer and Pegler's Book ...

Paul Gee - 2004 - 724 sider
...retired partner is entitled to interest at 5% pa, or such share of the profits as the court may determine to be attributable to the use of his share of the partnership assets. If a retired partner enforces his right to a share of profit in these circumstances, the court would...
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Journal of the Institute of Bankers, Volum 11

Institute of Bankers (Great Britain) - 1890 - 880 sider
...final settlement of accounts as between the firm and the outgoing partner or his estate, then, in the absence of any agreement to the contrary, the outgoing...partnership assets, or to interest at the rate of five per cent, per annum on the amount of his share of the partnership assets. (2.) Provided that where by the...
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