CA Foundation Laws The Indian Partnership Act, 1932 Section List in PDF

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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