Section 42(1) did not apply to capital profits made during the post dissolution period.
Citations:
[1982] Ch 172
Statutes:
Jurisdiction:
England and Wales
Cited by:
Cited – Hardip Singh Gill v Kulbir Singh Sandhu ChD 26-Jan-2005
The partnership had been dissolved. It had involved conversion of a property to be run as a nursing home. The claimant was to manage the home, and the profits would be used first to pay him a salary, and then to be divided equally. When wound up . .
Lists of cited by and citing cases may be incomplete.
Company
Updated: 09 May 2022; Ref: scu.222010