Home » India » Indian Partnership Act 1932 » Section 11 Indian Partnership Act 1932

Section 11 Indian Partnership Act 1932

Section 11 Indian Partnership Act

Section 11 of the Indian Partnership Act 1932 is about  Determination of rights and duties of partners by contract between the partners. It is under CHAPTER III (RELATIONS OF PARTNERS TO ONE ANOTHER) of the Act.

 Determination of rights and duties of partners by contract between the partners.

(1) Subject to the provisions of this Act, the mutual rights and duties of the partners of a firm may be determined by contract between the partners, and such contract may be expressed or may be implied by a course of dealing.


Such contract may be varied by consent of all the partners, and such consent may be expressed or may be implied by a course of dealing.


(2) Notwithstanding anything contained in section 27 of the Indian Contract Act, 1872 (9 of 1872), such contracts may provide that a partner shall not carry on any business other than that of the firm while he is a partner.


See also  Section 50 Indian Partnership Act 1932

More Posts

7 U.S. Code § 136o: Imports and exports

7 U.S. Code § 136o 7 U.S. Code § 136o is about Imports and exports. It is under Subchapter II (Environmental Pesticide Control) of Chapter 6 (Insecticides And Environmental

7 U.S. Code § 136m: Indemnities

7 U.S. Code § 136m 7 U.S. Code § 136m is about Indemnities. It is under Subchapter II (Environmental Pesticide Control) of Chapter 6 (Insecticides And Environmental Pesticide Control)

7 U.S. Code § 136l: Penalties

7 U.S. Code § 136l 7 U.S. Code § 136l is about Penalties. It is under Subchapter II (Environmental Pesticide Control) of Chapter 6 (Insecticides And Environmental Pesticide Control)

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

LawGlobal Hub is your innovative global resource of law and more. We ensure easy accessibility to the laws of countries around the world, among others