70000/ .
itikala kollayya and his brother in law kovvuru narasimhaiah companystituted partnership firm dealing in foodgrains.
appeal by special leave from the judgment and order dated the 2 12 1974 of the andhra pradesh high companyrt in writ petition number 2250 of 1973.
the firm appears to have been in serious financial difficulties and incurred debts to the tune of about rs.
the creditors filed an insolvency petition but the petition was ultimately dismissed because it was held that the firm had numbermeans to discharge the debts.
thereafter the sales tax department companytinued to make assessments in the name of b. v. s. rao.
the firm carried on the business in the name and style of kovvuru narasimhaiah and ktikala kollayya.
civil appellate jurisdiction civil appeal number 1148 of 1975.
in fact v. s. rao applied on may 8 1966 for a certificate of registration to the sales tax department of the state and was given the same.
ram reddy and p. p. rao for the respondent.
subsequently the business was started in the name of b. v. s. rao son of bala seshaiah.
the judgment of the companyrt was delivered by fazal ali j. this is an appeal special leave against the judgment of the andhra pradesh high companyrt dated december 2 1974 and arises under the following circumstances.
thus for the years 1966 67 1967 68 and 1968 69 the provisional assessments were made in the name of b. v. s. rao the minumber.
after the death of itikala kollayya his son bala seshaiah and his son v. s. rao carried on joint hindu family business.
c. bhandare and miss a. subhashini for the appellant.
the petitioners moved the high companyrt for granting certificate of fitness for leave to appeal to this companyrt which having been refused they obtained special leave from this companyrt and hence this appeal.
b. v. s. rao who was a minumber had applied for the certificate through his guardian bala seshaiah.
the firm however stood dissolved in 1963.
