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Section 60 Indian Partnership Act 1932

Section 60 Indian Partnership Act Section 60 of the Indian Partnership Act 1932 is about Recording of alterations in firm name and principal place of business. It is under CHAPTER VII (Registration Of Firms) of the Act. Recording of alterations in firm name and principal place of business. (1) When an alteration is made in the firm name […]

Section 59 Indian Partnership Act 1932

Section 59 Indian Partnership Act Section 59 of the Indian Partnership Act 1932 is about Registration. It is under CHAPTER VII (Registration Of Firms) of the Act. Registration. Where the Registrar is satisfied that the provisions of section 58 have been duly complied with, he shall record an entry of the statement in a register called the Register […]

Section 58 Indian Partnership Act 1932

Section 58 Indian Partnership Act Section 58 of the Indian Partnership Act 1932 is about Application for registration. It is under CHAPTER VII (Registration Of Firms) of the Act. Application for registration. (1) The registration of a firm may be effected at any time by sending by post or delivering to the Registrar of the area in which […]

Section 57 Indian Partnership Act 1932

Section 57 Indian Partnership Act Section 56 of the Indian Partnership Act 1932 is about Appointment of Registrars. It is under CHAPTER VII (Registration Of Firms) of the Act. Appointment of Registrars. (1) The State Government may appoint Registrars of Firms for the purposes of this Act, and may define the areas within which they shall exercise their […]

Section 56 Indian Partnership Act 1932

Section 56 Indian Partnership Act Section 56 of the Indian Partnership Act 1932 is about Power to exempt from application of this Chapter. It is under CHAPTER VII (Registration Of Firms) of the Act. Power to exempt from application of this Chapter. The [State Government of any State] may, by notification in the Official Gazette, direct that the provisions […]

Section 55 Indian Partnership Act 1932

Section 55 Indian Partnership Act Section 55 of the Indian Partnership Act 1932 is about Sale of goodwill after dissolution. It is under CHAPTER VI (Dissolution of A Firm) of the Act. Sale of goodwill after dissolution. (1) In settling the accounts of a firm after dissolution, the goodwill shall, subject to contract between the partners, be included […]

Section 54 Indian Partnership Act 1932

Section 54 Indian Partnership Act Section 54 of the Indian Partnership Act 1932 is about Agreements in restraint of trade. It is under CHAPTER VI (Dissolution of A Firm) of the Act. Agreements in restraint of trade. Partners may, upon or in anticipation of the dissolution of the firm, make an agreement that some or all of them […]

Section 53 Indian Partnership Act 1932

Section 53 Indian Partnership Act Section 53 of the Indian Partnership Act 1932 is about Right to restrain from use of firm name or firm property. It is under CHAPTER VI (Dissolution of A Firm) of the Act. Right to restrain from use of firm name or firm property. After a firm is dissolved, every partner or his […]

Section 52 Indian Partnership Act 1932

Section 52 Indian Partnership Act Section 52 of the Indian Partnership Act 1932 is about Rights where partnership contract is rescinded for fraud or misrepresentation. It is under CHAPTER VI (Dissolution of A Firm) of the Act. Rights where partnership contract is rescinded for fraud or misrepresentation. Where a contract creating partnership is rescinded on the ground of […]

Section 51 Indian Partnership Act 1932

Section 51 Indian Partnership Act Section 51 of the Indian Partnership Act 1932 is about Return of premium on premature dissolution. It is under CHAPTER VI (Dissolution of A Firm) of the Act. Return of premium on premature dissolution Where a partner has paid a premium on entering into partnership for a fixed term, and the firm is […]