Columbia Holdings Private … vs Ssp Developers Pvt. Ltd. on 11 August, 2016

2. The Arbitration Petition 212/2016 and OMP (I) (COMM) 96/2016, the

relevant facts are, a fresh partnership deed dated April 1, 2005 was signed

between MGF Development Ltd. and Columbia Holdings Pvt. Ltd in the

partnership firm of MGF Mall Management to share the profits and losses as

under:-

M/s MGF Development Ltd- 50%

M/s Columbia Holdings Pvt. Ltd.- 50%

Thereafter, on 6th June, 2012 M/s SSP Developers Pvt Ltd. respondent No.1

through its Director Mr. Siddharth Gupta was introduced in the partnership firm

Arb.P. 212/2016 and connected matter Page 3 of 32
and the profits and losses under new partnership were agreed to be shared as

under with effect from October 1, 2009.

Source: Indian Kanoon

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