• Call us: +91 98185 58183
  • Email: info@greenagarwalandassociates.com
  • Green Agarwal & Associates
    Opening Hours
    Mon - Sat: 9 am - 6 pm, Sunday: Closed
    +91 98185 58183
    Kh.No.416/2, Basement Floor, Opposite Metro Pillar no 127, Near Furniturewala, Ghitorni, New Delhi 110030
     
         
       
     
    The_Indian_Partnership_Act_1932
    Section / Rule Number   Content   
     
    1 Short title extent and commencement
    2 Definitions
    3 Application of provisions of act IX of 1872
    4 Definition of "partnership", "partners", "firm" and "firm-name"
    5 Partnership not created by status
    6 Mode of determinig existence of partnership
    7 Partnership-at-will
    8 Particular partnership
    9 General duties of partners
    10 Duty to indemnify for loss caused by fraud
    11 Determination of rights and duties of partners by contract between the partners
    12 The conduct of the business
    13 Mutual right and liabilities
    14 The property of the firm
    15 Application of the property of the firm
    16 Personal profits earned by partners
    17 Rights and duties of partners after a change in the firm
    18 Partner to be agent of the firm
    19 Implied authority of partners as agent of the firm
    20 Extension and restriction of partner's implied authority
    21 Partner's authority in an emergency
    22 Mode of doing act to bind firm
    23 Effect of admission by a partner
    24 Effect of notice to acting partner
    25 Liability of a partner for acts of the firm
    26 Liability of the firm for wrongful acts of a partner
    27 Liability of firm for misapplication by partners
    28 Holdingout
    29 Rights of transferee of a partner's interest
    30 Minors admitted to the benefits of partnership
    31 Introduction of a partner
    32 Retirement of a partner
    33 Expulsion of a partner
    34 Insolvency of a partner
    35 Liability of estate of deceased partner
    36 Rights of outgoing partner to carry on competing business
    37 Right of outgoing partner in certain cases to share subsequent profits
    38 Revocation of continuing guarantee by change in firm
    39 Dissolution of a firm
    40 Dissolution by agreement
    41 Compulsory dissolution
    42 Dissolution on the happening of certain contingencies
    43 Dissolution by notice of partnership at will
    44 Dissolution by the court
    45 Liability for acts of partners done after dissolution
    46 Right of partners to have business wound up after dissolution
    47 Continuing authority of partners for purposes of winding up
    48 Mode of settlement of accounts between partners
    49 Payment of firm's debts and of separate debts
    50 Personal profits earned after dissolution
    51 Return of premium on premature dissolution
    52 Rights where partnership contract is rescinded for fraud or misrepresentation
    53 Right to restrain from use of firm-name or firm-property
    54 Agreements in restraint of trade
    55 Sale of goodwill after dissolution
    56 Power to exempt from application of this chapter
    57 Appointment of registrar
    58 Application for registration
    59 Registration
    59A Late registration on payment of penalty
    59A Deletion and addition of certain entries relating to certain firms, by reason of reorganisation of states
    59 B Deletion of entries relating to certain firms by reason of formation of gujrat state
    60 Recording of alterations in firm-name, nature of business and principal place of business
    61 Noting of closing and opening of branches
    62 Noting of changes in names and assresses of partners
    63 Recording of changes in and dissolution of a firm
    64 Rectification of mistakes
    65 Amendment of register by order of court
    66 Inspection of register and filed documents
    67 Grant of copies
    68 Rules of evidence
    69 Effect of non-registration
    69A Penalty for contravention of section 60, 61, 62 or 63
    70 Penalty for furnishing false particulars
    70A Maximum fees and power to amend schedule I
    71 Power to make rules
    72 Mode of giving public notice
    73 Repeals
    74 Savings
    Schedule- I
    Schedule-II
     
         
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