High Courts(1914) 10 MAD CK 0027

The Chartered Bank of India, Australia and China vs K.P. Velliappa Chetty and Others

Madras High Court · Decided on 26 October 1914 · Citation: AIR 1915 Mad 748(1) : (1914) 27 MLJ 654

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Judgment

9 paragraphs · 201 words
1.

The Subordinate Judge''s order cannot be supported. Rule 50 of the Order XXI of the CPC relied on by the Subordinate Judge has no

application as no property of the minor defendants not involved in the family trade was sought to be attached or sold.

2.

As regards the contention (accepted by the learned Subordinate Judge) that the family property in Pullateen must be proved to be the assets of

the Rangoon Firm which is not different from the family firm known as K. P. Firm, it being only a branch of the K. P. Firm), we follow the rulings in

M.P. Chidambaram Chetti and Others Vs. S.R.M.A.R. Ramaswami Chettiar and Others, . and that ""in the case of Nattukottai Chetties, their

family property should be treated as trade assets"" and that no distinction should be made between the family property and the trade assets.

3.

The Subordinate Judge''s order is set aside and the Petition No. 892 of 1913 in Execution Application No. 95 of 1913 will stand dismissed with

costs in this and in the Lower Court, the attachment order being revived.

4.

The execution proceedings are transferred to the file of the Temporary Subordinate Judge of Sivaganga.