Showing posts with label account rendered. Show all posts
Showing posts with label account rendered. Show all posts

Wednesday, 29 December 2021

What is distinction between account rendered and account settled?

 There is a broad distinction between the position where an account is rendered and where an account is stated or settled. ‘Madhusudan v. Rakhal Chandra’, 43 Cal 248. In the former case the accounting party must satisfy the Court that the account was correctly rendered i.e. he must support it in Court; but in the latter case the person entitled to an account is bound by the account unless it can be reopened. {Para 12}

In the High Court of Nagpur

(Before R. Kaushalendra Rao and Deo, JJ.)

Ramlalsao Vs Tansingh Lalsingh 

First Appeal No. 127 of 1944

Decided on July 5, 1951

Citation: 1951 SCC OnLine MP 93 : AIR 1952 Nag 135

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