Indian Partnership Act Notes and Reading Materials

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These Indian Partnership Act notes are designed to serve as a free, self-paced learning resource, ideal for students, competitive exam aspirants, and legal enthusiasts alike. Whether you’re preparing for Judicial Service Exams, UPSC CSE Law Optional, or simply researching the Partnership Act, you’ll find these notes comprehensive and easy to follow.

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Topic	Link To Notes
Partnership and the Nature of Partnership under the Indian Partnership Act – Definition of” Partnership”, “Partner”, “Firm” arid “firm name”. – Partnership not created by status – Mode of determining the existence of a partnership – Partnership at will – Particular partnership	View Here
Difference Between Partnership and Company	View Here
Advantages and Disadvantages of a Partnership	View Here
A Partner Who Gives His Name to Partnership Firm	View Here
Partnership and the Nature of Partnership under the Indian Partnership Act – Definition of” Partnership”, “Partner”, “Firm” arid “firm name”. – Partnership not created by status – Mode of determining the existence of partnership – Partnership at will – Particular partnership	View Here
Rights and Duties of Partners under the Indian Partnership Act – General duties of partners – Duty to indemnify for loss caused by fraud – Determination of rights and duties of partners by contract between the partners – The conduct of the business – Mutual rights and liabilities – The property of the firm. – Application of the property of the firm – Personal profits named by partners – Rights and duties of partners	View Here
Incoming and Outgoing Partners under Indian Partnership Act – Introduction of a partner – Retirement of partner – Expulsion of a partner – Insolvency a partner – Liability of estate of deceased partner – Rights of outgoing partner to carry on competing business – Right of outgoing partner in certain cases to share subsequent profits – Revocation of continuing guarantee by change in firm	View Here
Registration of Partnership Firm in India and Effect of Non-registration of Partnership Firm – Power to exempt from application of this Chapter – Appointment of Registrar – Application of registration – Registration – Recording of alterations in firm name and principal place of business – Noting of closing and opening of branches – Noting of changes in names and addresses of partners – Recording of changes in and dissolution of a firm – Rectification of mistakes – Amendment of Register by order of court – Inspection of Register and filed documents – Grant of copies – Rules of evidence – Effect of non-registration – Penalty for furnishing of false particulars – Power to make rules	View Here
Doctrine of Holding Out	View Here
Outgoing Partners in India	View Here
Dissolution of Partnership	View Here
Dissolution of a Partnership Firm and Consequences of Dissolution – Dissolution of firm – Dissolution by agreement – Compulsory dissolution – Dissolution on the happening of certain contingencies – Dissolution by notice of partnership at will – Dissolution by the Liability for acts of partners done after dissolution – Right of partners to have business wound up after dissolution. – Continuing authority of partners for purposes of winding up – Mode of settlement of accounts between partners – Payment of firm debts and of separate debts – Personal profits earned after dissolution – Return of premium on premature dissolution – Rights where partnership contract is rescinded for fraud or misrepresentation – Rights to restrain from use of firm name or firm property – Agreements in restraint of trade – Sale of good will after dissolution	View Here
Reconstitution of Partnership	View Here
Relation of Partners to Third Parties under Partnership Act – Partners to be agent of the – Implied authority of partner as agent of the firm – Extension and restriction of partner’s implied authority – Partner’s authority in an emergency – Mode of doing act to bind firm – Effect of admissions by a partner – Effect of notice to acting partner – Liability of a partner for acts of the firm – Liability of the firm for wrongful acts of a partner – Liability of firm for misapplication by partners Holding out – Rights of transferee of a partner’s interest – Minors admitted to the benefits of a partnership.	View Here
Requirements and Procedure for Registration of Partnership Firms under Partnership Act	View Here

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