X, Y and Z are partners in a firm. They jointly promised to pay ` 3,00,000 to D. Y become insolvent and his private assets are sufficient to pay 1/5 of his share of debts. X is compelled to pay the wh

Question

Sneha · Answer

Thank you 🙏🏻

Tushar · Answer

Z liability to X is 140000

Tushar · Answer

But if possible X can claim from Y's asset

Tushar · Answer

And Y will not pay anything as he is insolvent

Tushar · Answer

4/5 of Y's share I.e. 80000 is to be given by both X and Z together. So if X pays whole amount then Z is liable to give his amount i.e. 100000 plus 40000 of Y

Hitesh · Answer

I think x pay 280000 Y pay to x 80000 and z pay to x 100000

X, Y and Z are partners in a firm. They jointly promised to pay ` 3,00,000 to D. Y become insolvent and his private assets are sufficient to pay 1/5 of his share of debts. X is compelled to pay the wh

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