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THE INDIAN PARTNERSHIP ACT 1932. CONTENTS CHAPTER- I PRELIMINARY 1. Short title, extent and commencement 3 Application of provisions of Act 9 of 1872
CHAPTER - II THE NATURE OF PARTNERSHIP
4. Definition of " Partnership", "Partner", "Firm" and "firm name".. 5. Partnership not created by status 6. Mode of determining existence of partnership
CHAPTER - III RELATIONS OF PARTNERS TO ONE ANOTHER 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 rights and liabilities 15. Application of the property of the firm 16. Personal profits named by partners 17. Rights and duties of partners
CHAPTER - IV RELATION OF PARTNERS TO THIRD PARTIES 18. Partners to be agent of the firms 19. Implied authority of partner 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 admissions 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 29. Rights of transferee of a partner's interest 30. Minors admitted to the benefits of partnership.
CHAPTER - V INCOMING AND OUTGOING PARTNERS.
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
CHAPTER -VI DISSOLUTIONOF A FIRM 42. Dissolution on the happening of certain contingencies 43. Dissolution by notice of partnership at will 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 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 Rights where partnership contract is rescinded for fraud or misrepresentation 53. Rights to restrain from use of firm name or firm property 54. Agreements in restraint of trade 55. Sale of good will after dissolution
CHAPTER - VII REGISTRATION OF FIRMS 56. Power to exempt from application of this Chapter 58. Application of registration 59A-1 LATE REGISTRATION ON PAYMENT OF PENALTY.
59B DELETION OF ENTRIES RELATING TO CERTAIN FIRMS BY REASON OF FORMATION OF GUJARAT 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 addresses of partners 63. Recording of changes in and dissolution of a firm 65. Amendment of Register by order of court 66. Inspection of Register and filed documents 69. Effect of non- registration Section69A PENALTY FOR CONTRAVENTION OF SECTION 60, 61, 62, OR 63. 70. Penalty for furnishing of false particulars 70A MAXIMUM FEES AND POWER TO AMEND SCHEDULE I. CHAPTER - VIII SUPPLEMENTAL 72. Mode of giving public notice
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