LAWS(PVC)-1938-1-110

CHOCKALINGAM CHETTIAR Vs. MEYAPPA CHETTIAR

Decided On January 28, 1938
CHOCKALINGAM CHETTIAR Appellant
V/S
MEYAPPA CHETTIAR Respondents

JUDGEMENT

(1.) The 1 plaintiff is the appellant. This appeal arises out of a suit instituted by the plaintiff's to recover from the 3 defendant personally and from defendants 1 and 2 out of the family properties Rs. 17,358 with subsequent interest at 12 per cent, per annum or in the alternative to recover from all the defendants 14/20 of the said amount with interest by way of contribution in respect of a decree debt discharged by the plaintiffs in execution of the decree in Appeal No. 296 of 1917 on the file of the High Court (see Ex. F). In the plaint the share of the debt claimed by way of contribution is 17/20, but in the argument the claim was altered to 14/20 accepting the contention of the defendants.

(2.) S.A. Subrahmanya Chetty and S.N. Subrahmanya Chetty, the 3 defendant in the suit, sons of two brothers, started a money-lending firm at Singapore under the name and style of S.N.A. with a capital of more than six lakhs of dollars. The agents of the firm from 1901 to 1908 were successively Avadiappa Chetty and Jayangondan. They, as well as S.A. Subrahmanya Chetty, one of the partners, are now dead. Plaintiffs 1 and 2 in the present suit are the son and the grandson by a predeceased son of Avadiappa Chetty. Defendants 1 and 2 are the sons of Jayangondan. On the death of S.A. Subrahmanya Chetty, his mother adopted the 4 defendant as son to her husband Subrahmanya Chetty's father, and his widow adopted the 5 defendant as son to Subrahmanya Chetty himself. For the purpose of benefiting their agents it was the custom with these partners to start smaller firms in which their firm as well as the agents became partners. During the time of Avadiappa Chetty, S.N.A. firm and himself carried on such a partnership under the style of V.R.M.A. firm. We are not directly concerned with that firm in the present case. Avadiappa Chetty was agent till about the end of May, 1903. He was succeeded by Jayangondan. After the latter became the agent of the S.N.A. firm, a smaller firm, V.R.M.A.S. was started. It had a capital of 20,000 dollars. This is the firm with the dealings of which we are concerned in this appeal. The partners of this firm were S.N.A. firm, Avadiappa Chetty and Jayangondan. The plaintiffs stated that the shares of the partners in this firm were S.N.A.'s share 7 and 7, Avadiappa Chetty and Jayangondan's share 3 and 3. The defendants contended that the shares were in the proportion of 5, 5, 6 and 4. At the trial the plaintiffs admitted that the shares were in the proportion stated by the defendants. On the 11 November, 1904, S.A. Subrahmanya Chetty of the S.N.A. firm, died leaving a will. Afterwards the 3 defendant for all practical purposes continued to manage the S.N.A. firm through the agent Jayangondan, who, it will be observed, was a partner of the firm of V.R.M.A.S. along with Avadiappa Chetty and S.N.A. firm and was also the manager of V.R.M.A.S. firm.

(3.) After a litigation which lasted from 1907 to 1912, Ramaswami Chetty, the executor of S.A. Subrahmanya Chetty, obtained probate of his will which was confirmed by the Privy Council on 21 February, 1916. In the meanwhile Subrahmanya Chetty's widow's attorney sued the 3 defendant for a declaration that the S.N. A. firm had become dissolved by reason of Subrahmaniya Chetty's death and for accounts of the partnership. The present 3 defendant contended that the suit was barred by limitation and got it ultimately dismissed by the Privy Council on 2nd March, 1916, on that point.