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In which Supreme Court decision did the Court hold that joint liability for a private debt did not make…

In Alka Khandu Avhad v. Amar Syamprasad Mishra, the Supreme Court rejected the attempt to treat two private individuals as an association under section 141 solely because…

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In which Supreme Court decision did the Court hold that joint liability for a private debt did not make two individuals an association of individuals under section 141 of the Negotiable Instruments Act, 1881?

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Correct answer D

In Alka Khandu Avhad v. Amar Syamprasad Mishra, the Supreme Court rejected the attempt to treat two private individuals as an association under section 141 solely because they allegedly shared the debt. Section 141 concerns offences by companies and the entities included in its definition.

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Option A

The private joint-debt holding appears in Alka Khandu Avhad v. Amar Syamprasad Mishra.

Option B

The described private joint-debt holding is set out in Alka Khandu Avhad v. Amar Syamprasad Mishra.

Option C

The court-authored holding on joint private debt appears in Alka Khandu Avhad v. Amar Syamprasad Mishra.

Option D

Paragraph 8.1 explains why the two private individuals did not constitute an association under section 141 merely because of joint liability.

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