Hello Dear CA Foundation Students,
We are Sharing With You Section List of CA Foundation Paper- 2A Business Laws Chapter :- 3 The Indian Partnership Act 1932 . 😍
CA STUDY NOTES
Chapter 3 : The Indian Partnership Act
Contents:
The Indian Partnership Act, 1932: General Nature of Partnership, Rights and duties of partners,
Reconstitution of firms, Registration and dissolution of a firm.
The Indian Partnership Act, 1932 Section List
The Partnership Act, 1932
|
Section number |
Topic |
|
4 |
Definition of partnership |
|
5 |
Partnership not created by status |
|
6 |
Mode of determining the existence of partnership |
|
7 |
Partnership at will |
|
8 |
Particular partnership |
|
9 |
General duties of partners |
|
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 business |
|
13 |
Mutual rights and liabilities |
|
14 |
The property of the firm |
|
15 |
Application of the property of the firm |
|
16 |
Personal profits earned by the partners |
|
17 |
Rights and duties of the partners |
|
18 |
Partner to be agent of the firm |
|
19 |
Implied authority of partner as agent of the firm |
|
20 |
Extension and restriction of implied authority of a partner |
|
21 |
Partner’s authority in an emergency |
|
22 |
Mode of doing the act to bind the firm |
|
23 |
Effect of admission by a partner |
|
24 |
Effect of notice to acting partner |
|
25 |
Liability of a partner for the acts of the firm |
|
26 |
Liability of the firm for the wrongful acts of a partner |
|
27 |
Liability of firm for misappropriation by partners |
|
28 |
Holding out |
|
29 |
Rights of transferee or a partner’s interest |
|
30 |
Minor admitted to the benefits of partnership |
|
31 |
Introduction of partner |
|
32 |
Retirement of a partner |
|
33 |
Expulsion of partner |
|
34 |
Insolvency of partner |
|
35 |
Liability of estate of deceased partner |
|
36 |
Right 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 |
|
39 |
Dissolution of firm |
|
40 |
Dissolution by agreement |
|
41 |
Compulsory dissolution |
|
42 |
Dissolution on the happening of certain contingencies |
|
43 |
Dissolution by notice of partnership at will |
|
44 |
Dissolution by the court |
|
45 |
Liability for acts of partners done after dissolution |
|
46 |
Right of partner to have business wound up after dissolution |
|
47 |
Continuing authority of partners for purpose of winding up |
|
48 |
Mode of settlement of accounts between partners |
|
49 |
Payment of firm’s debts and of separate debts |
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