2017 (2) TMI 865

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..... in the order impugned. The review petitions are, accordingly, dismissed. The partnership firm had dissolved and thereafter winding up proceedings were taken up in the High Court. The result of those proceedings was to sell the assets of the firm and distribute the share thereof to the erstwhile partners. Thus, the 'transfer' of the assets triggered the provisions of Section 45 of the Act and m .....

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