Bare ActsThe KARNATAKA COURT-FEE AND SUITS VALUATION ACT, 1958.

Section 34

Suits for dissolution of partnership

Amendment status not verified — confirm the current text below against the official source.

Suits for dissolution of partnership.- (1) In a suit for dissolution of partnership and accounts or for accounts of dissolved partnership, fee shall be computed on the value of the plaintiff’s share in the partnership as estimated by the plaintiff. (2) If the value of the plaintiff’s share as ascertained in the suit exceeds the value as estimated in the plaint, no decree, or where there has been a preliminary decree, no final decree, shall be passed in favour of the plaintiff, no payment shall be made out of the assets of the partnership and no property shall be allotted as for the plaintiff’s share, until the difference between the fee actually paid and the fee that would have been payable had the suit comprised the whole of the value so ascertained, is paid. (3) No final decree shall be passed, no money shall be paid and no allotment of property shall be made in favour of a defendant in any such suit as, for or on account of, his share of the assets of the partnership, until the fee computed on the amount or value of his share of the assets of the partnership is paid.

Section 34 – The KARNATAKA COURT-FEE AND SUITS VALUATION ACT, 1958. | DailyLaw.ai