9911796707
TMI Blog2017 (11) TMI 1531X X X X Extracts X X X X X X X X Extracts X X X X ..... o.48k by the Hon’ble Civil Judge, Moradabad, arbitrators were appointed under the authority of law and a compromise was arrived before the court, whereby, it was agreed that excepting the liabilities of M/s SOM. Industries, M/s M. K. Handicrafts, all other liabilities of Government or Non-Government shall lie with the respondent-Shri Manoj Sikka and his wife Smt. Hema Sikka - Held that: - both the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... crafts (Brass Artware). The said proprietor Shri Manoj Sikka was required to discharge Export Obligation for value of ₹ 1,33,65,000/- within a period of 18 months from the date of issue of License that is on or before 28.09.2003. Subsequently, the said proprietorship firm created by Shri Manoj Sikka was converted into partnership firm in terms of partnership deed dated 01.05.2002. As the sai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... appellant, one of the erstwhile partners which is stated to be disallowed on 31 st March, 2004. That there was a inter-se litigation between the partners and vide the order of competent District Court No.48k by the Hon ble Civil Judge, Moradabad, arbitrators were appointed under the authority of law and a compromise was arrived before the court, whereby, it was agreed that excepting the liabiliti ..... X X X X Extracts X X X X X X X X Extracts X X X X
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