Legal Heir Of Partner Can Seek Reference To Arbitration When Deed Provides For Partnership To Continue After Partner's Death: Calcutta HC

The Calcutta High Court has ruled that if a partnership deed provides for the heir of a deceased partner to inherit their share and the partnership continues, the legal heir can seek reference of disputes to arbitration. This significant decision clarifies the rights of legal heirs in partnership agreements that include continuity clauses and arbitration provisions. It affirms that the heir steps into the shoes of the deceased partner for dispute resolution purposes, ensuring that the mechanism for resolving conflicts, including arbitration, remains available to them.