Conceptual and Legal Nature A partnership firm is governed by the Indian Partnership Act, 1932, and is based on a contractual relationship between two or […]
Tag: indian partnership act 1932
60. A and B enter into a partnership one of the clauses of the partnership agreement is to effect on the death of either partner his heirs shall take his place in partnership. A died. Can his heir automatically become partner with B?
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered to Support Case Proceedings and Judgement Relevant Provisions – Indian Partnership […]
52. A Partner filed a criminal complaint and prosecuted a person for theft of partnership property. The prosecution failed and the accused who was acquitted brought an action against the firm for damages for malicious prosecution. Is the firm liable?
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered to Support Case Proceedings and Judgements Relevant Provisions: Legal Analysis: Supporting […]
45. A and B enter into a Partnership. One of the clauses of the Partnership Agreement is to the effect that the death of either partner his heirs shall take his place in the partnership. A died. Can his heir automatically become Partner with B.
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered to Support Case Proceedings and Judgements Relevant Provisions: Legal Principles and […]
35. Discuss the Rights and Duties of Partners.
Understanding Partnership and Its Legal Framework A partnership is the foundation of many businesses and professional collaborations. It represents a relationship based on mutual trust, […]
32. . What is contract of partnership? An discuss the law relating to nature and formation of partnership.
Understanding the Concept of Partnership Business activities often require more than one individual’s effort, skill, and capital. When two or more persons come together to […]
12. How Partnership Firms are registered? What are the Consequences of Registration and Non-Registration of Partnership Firm?
Understanding the Concept of Partnership Registration A partnership firm is a voluntary association of two or more people who come together to carry on a […]
8. A partner is the agent of the firm for the purpose of the business of the firm”. Explain.
Partnership as a Legal Relationship In the world of business, partnership is one of the oldest and most flexible forms of business organization. A partnership […]
67. Liability of Estate of Deceased Partner.
Meaning and Concept Under the Indian Partnership Act, 1932, a partnership firm is an association of persons who carry on business jointly with a view […]
52. Contract of Partnership.
Meaning and Definition A contract of partnership is governed by the Indian Partnership Act, 1932. Section 4 defines partnership as the “relation between persons who […]