Indian Partnership Act Notes and Reading Materials
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This article provides Indian Partnership Act notes with case laws. As a learner, you can consider the notes as a free, online, and self-paced course. As a competitive exams aspirant, you will find it perfect for Judicial Service Exams, UPSC CSE Law Optional, etc. And as a reader, this article on Indian Partnership Act notes is sufficient for you to learn or research on Partnership Act!
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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 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 |
| 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 partnership. | View Here |
| Incoming and Outgoing Partners under Indian Partnership Act – Introduction of a partner – Retirement ota 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 |
| Outgoing Partners in India | 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 |
| 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 |
| Requirements and Procedure for Registration of Partnership Firms under Partnership Act | View Here |
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For Case Briefs And Analysis, Click Here.
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