After dissolution of the firm, of which I was one of the partners, another partner of the said firm has commenced a similar business in the name of the erstwhile firm. Can I restrain that partner from carrying on the said business?

After dissolution of the firm, of which I was one of the partners, another partner of the said firm has commenced a similar business in the name of the erstwhile firm. Can I restrain that partner from carrying on the said business?

After dissolution of the firm, every partner in entitled to restrain any other partner or his representative from carrying on a similar business in the firm name or from using any of the property of the firm for his own benefits until the affairs are complete. It was held in a case that on dissolution of partnership, quota could not be divided as it was not an asset of partnership but a matter of privilege and the grant of its will lie with the concerned authority. Therefore, the quota, which is a license, cannot be divided on dissolution.

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