Allahabad Court March 1906 Judgments

Sheo NaraIn Vs. Bishambhar Nath

Court: Allahabad

Reported in: (1907)ILR29All166

John Stanley, C.J. and Burkitt, J.1. This is an appeal against so much of a decree of the Subordinate Judge of Cawnpore, dated September 24th, 1903, as makes the appellant personally liable under a decree of that date passed against him and other defendants.2. The appellant and other members of his family constituted a joint undivided Hindu family, owners as such of trading and banking firms at Cawnpore and Lucknow. The firm at Cawnpore was known by the style of Jagat Nath Thandi Mal, and at Lucknow by that of Sheo Prasad Khazanchi. The principal defendant Lala Sheo Prasad Rai Bahadur was treasurer of the branches of the Bank of Bengal at Cawnpore and Lucknow and had occupied that position for many years. It was on his appointment to be the treasurer at Lucknow that the firm of Sheo Prasad Khazanchi was established there. That firm failed and ceased to do any new business in the early part of 1902. The present suit was instituted by the plaintiff respondent to recover principal with in...