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Indian Partnership Act, 1932 Complete Act - Bare Act

StateCentral Government
Act Info:
Preamble1 - The Indian Partnership Act, 1932
Chapter I
Section1 - Short title and commencement
Section2 - Definitions
Section3 - Application of provisions of Act of 1872
Chapter II
Section4 - Definition of partnership, partner, firm and firm name
Section5 - Partnership not created by status
Section6 - Mode of determining existence of partnership
Section7 - Partnership at will
Section8 - Particular partnership
Chapter III
Section9 - General duties of partners
Section10 - Duty to indemnify for loss caused by fraud
Section11 - Determination of rights and duties of partners by contract between the partners
Section12 - The conduct of the business
Section13 - Mutual rights and liabilities
Section14 - The property of the firm
Section15 - Application of the property of the firm
Section16 - Personal profits extended by partners
Section17 - Rights and duties of partners
Chapter IV
Section18 - Partner to be agent of the firm
Section19 - Implied authority of partner as agent of the firm
Section20 - Extension and restriction of partners implied authority
Section21 - Partners authority in an emergency
Section22 - Mode of doing act to bind firm
Section23 - Effect of admissions by a partner
Section24 - Effect of notice to acting partner
Section25 - Liability of a partner for acts of the firm
Section26 - Liability of the firm for wrongful acts of a partner
Section27 - Liability of firm for misapplication by partners
Section28 - Holding out
Section29 - Rights of transferee or a partners interest
Section30 - Minors admitted to the benefits of partnership
Chapter V
Section31 - Introduction of a partner
Section32 - Retirement of a partner
Section33 - Expulsion of a partner
Section34 - Insolvency of a partner
Section35 - Liability of estate of deceased partner
Section36 - Rights of outgoing partner to carry on competing business
Section37 - Right of outgoing partner in certain cases to share subsequent profits
Section38 - Revocation of continuing guarantee by change in firm
Chapter VI
Section39 - Dissolution of a firm
Section40 - Dissolution by agreement
Section41 - Compulsory dissolution
Section42 - Dissolution on the happening of certain contingencies
Section43 - Dissolution by notice of partnership at will
Section44 - Dissolution by the Court
Section45 - Liability for acts of partners done after dissolution
Section46 - Right of partners to have business wound up after dissolution
Section47 - Continuing authority of partners for purposes of winding up
Section48 - Mode of settlement of accounts between partners
Section49 - Payment of firm debts and of separate debts
Section50 - Personal profits earned after dissolution
Section51 - Return of premium on premature dissolution
Section52 - Rights where partnership contract is rescinded for fraud or misrepresentation
Section53 - Right to restrain from use of firm name or firm property
Section54 - Agreements in restraint of trade
Section55 - Sale of goodwill after dissolution
Chapter 7
Section56 - Power to exempt from application of this Chapter
Section57 - Appointment of Registrars
Section58 - Application for registration
Section59 - Registration
Section60 - Recording of alterations in firm name and principal place of business
Section61 - Noting of closing and opening of branches
Section62 - Noting in changes in names and addresses of partners
Section63 - Recording of changes in and dissolution of a firm
Section64 - Rectification of mistakes
Section65 - Amendment of Register by order of Court
Section66 - Inspection of Register and filed documents
Section67 - Grant of copies
Section68 - Rules of evidence
Section69 - Effect of non-registration
Section70 - Penalty for furnishing false particulars
Section71 - Power to make rules
Chapter 8
Section72 - Mode of giving public notice
Section73 - Repealed
Section74 - Savings
Schedule1 - MAXIMUM FEES
Schedule2 - SCHEDULE II

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