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 […]
Tag: partnership law
39. A partner filed a criminal case against a person accusing him of theft of the firm’s assets. However, the court found the accused innocent. Then the accused filed Suit against the firm for damages and malicious prosecution. Is the firm liable? Discuss.
1. Facts of the Case ‘A’, one of the partners of a partnership firm, filed a criminal complaint against a person, alleging theft of the […]
4. Raju, a partner of a firm, borrows money on his own credit by giving his own promissory note for the same, but he subsequently uses the proceeds of the note in the partnership concern of his own free will without any reference to the lender to do so. Is the firm liable for the loan?
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Partner’s Implied Authority b) Acts Done Beyond Implied Authority c) […]
40. Explain the Definition and Nature of Partnership and discuss the Rights and Duties of Partners
Understanding Partnership A partnership represents one of the oldest and most widely used forms of business organization. It allows two or more individuals to pool […]
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, […]
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 […]
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 […]
63. Compulsory Dissolution of a Firm.
Meaning of Compulsory Dissolution According to Section 39 of the Indian Partnership Act, 1932, dissolution of a firm means the termination of the relationship between […]
59. Minor as a Partner
Meaning and Legal Position Under the Indian Partnership Act, 1932, a minor is generally considered incapable of entering into a contract, as per Section 3 […]
32. Registration of a Firm.
Meaning of Registration of a Firm The Registration of a Firm refers to the process of formally recording the existence of a partnership under the […]