ndsavla.com


Business Enquiries +91 9819 000 511 \| +91 9821 83 26 83 \| +91 9167 058 000 Login


	Home Audit Risk Control Matrix IND AS Implementation IFRS Implementation Services Stock Audit Inventory Stock Audit Fixed Assest Audit and Verification Warehouse Audit Concurrent Audit Services Society Auditor Services GST Audit Income Tax Audit Internal Audit Trust Audit Service Risk Advisory Corporate Governance Scrap Validation Service SOP Implementation Supply Change Risk Management Service Business Cost Optimization Service Busniess Process Re-Engineering Organizational Restructuring Anti-Bribery & Corruption Risk Assessment Forensic Technology Solutions Corporate Intelligence White Collar Investigation Forensic Investigation & Dispute Advisory Audit and Assurance Trust Act LLP Act Companies Act Income Tax Act Peer Review Auditor Taxes NRI Recent Immigrant Services Capital gain on securities Capital gain on Scale Capital Gain on Computations NRI Taxation Return Filing Certification & Form 15CA / 15CB Repatriation of Assests Liberalized Remittance Scheme Gifts US Tax Implications and Reporting TDS and Tax Liability India Inheritance Clubbing of Income Double Taxation Avoidance Agreements Estate Planning Income Tax Income Tax E-Filing ITR 2 Return Filing ITR 3 Return Filing ITR 4 Return Filing ITR 5 Return Filing ITR 6 Return Filing ITR 7 Return Filing Income-Tax-Notice Trust Complaince Form 10 B Form 10BB Form 10BD Trust Audit Services 12A and 80G Registration Charity Commissioner Submission Tax Health Check Tax Residency Certificate Business Tax Filing HUF-Formation-Services HUF Dissolution Expatriate Taxation Services 15CA-15CB Filing PAN Registration TAN Registration Cryptocurrency Crypto Consulting Services TDS on Crypto for P2P Transactions India 2026 File Income Tax Return for Cryptocurrency TDS Form 24Q Form 26Q TDS Return Filing TDS on Rent TDS on Purchase of Property Lower Tax Deduction Certificate TDS and Tax Liability Transfer Pricing Law Transfer Pricing Audit Transfer Pricing Study Transfer Pricing Appeals Transfer Pricing DRP Trnasfer Pricing Assesment Transfer Pricing Documentation Benchmarking Analysis International Transfer Pricing Domestic Transfer Pricing New Income Tax Forms GST GST Registration GST Registrations GST Registration for Freelancers GST Registration for Foreigners GST Registration Change & Amendment Services Ammendment GST Return FIling Services GST Appeal Services Revocation OIDAR GSTR-10 Refunds GST Refund Export of Services Inverted Duty Structure GST Refund of Goods Assessment Return Filing for Accountant. GST E-Way Bill E Invoicing Software LUT Form GST Invoicing GST Cancellation Service GST Consultancy Service Professional tax return filing Professional Tax Registration Professional Tax Assesment Professional Tax Certificate Professional Tax Registration Certificate VAT Services VAT Registration VAT Return Filing VAT Annual Audit VAT on Liqour VAT On Petroleum Business Setup NBFC NBFC Legal Support NBFC Registration Services NBFC Takeover Services Due Diligence Services NBFC Annual Compliance Services Appeal Against NBFC Registration Cancellation Microfinance Company Registration Asset Reconstruction Company Registration Central KYC Regist Registration Core Investment Company Registration Financial Intelligence Unit Registration Housing Finance Company Registration NBFC Account Aggregator Compliance Setup a Liaison Office Setup Company Outside India Proprietorship Partnership One Person Company Corporate Financial Advisory Limit Liability Partnership Corporate Laws Consultants Private Limited Company Section 8 Company Trust Registration Indian Subsidiary Foreign Subsidiary Company Setup Employee Off Role Services in India Registrations Startup India ICEGATE Registration Gratuity Trust Services Amendments to Trust Deed Annual Compliance for Group Gratuity Trust Investment Support Services. Group Gratuity Trust Compliance Amalgamation of Gratuity Trust Income Tax Approval of the Trust Gratuity Trust Management Services Winding Up of the Trust Import Export Code Darpan Registration Digital Signature Shop Act Registration Legal Entity Identifier Registration RERA Consultant Developers Buyers Agents Project Registration Quarterly Updates & Audit Services Project Extension Project Transfer & Takeover Services Modification & change service FCRA SEZ Services IFSC Services Udyam Registration MCA Company Compliance Name Change Company Registered Office Change Winding Up Company ADI-1 Auditor Appointment DPT-3-Auditor Appointment MOA Amendment AOA Amendment Dormant Status Filing Authorized Capital Increase Share Transfer Commencement of Business OPC Compliance DIN eKYC Filing DIN Reactivaton Appointment of Director Removal of Director LLP Compliance LLP Form 11 Filing Winding Up LLP Change of address - LLP Application for direction to llp to change its name Notice for Change of Place of Registered Office Form 12 – Intimation of Other Address for Service of Documents Annual Return of LLP Statement of Account and Solvency Information for LLP Agreement and Changes Notice for Change of Name of LLP Form 24 – Application for Striking Off Name of LLP Dematrialisation of share Public Limited Company Statutory Registration Minutes of Meeting Extra-Ordinary General Meeting Board Meeting Annual General Meeting Certified Board Resolution Compliance FDI Filing with RBI FLA Return Filing Partnership Compliance Proprietorship Compliance Local Resident Director Service in India Charity Commissioner Change Report Filing Annual account submission Service GIFT IFSC Setup GIFT Regulatory & Tax Advisory Setup Assistance GIFT Legal & Complaince Support FEMA India Rules For NRI Others Insolvency Interim Resolution Professional (IRP) Resolution Professional (RP) Liquidator Voluntary Liquidation Consultation to Issue Demand Notice ESG Accounting-services ESG Accounting ESG Audit ESG Reporting Frameworks Regulatory Landscape for ESG ESG Assurance and Certification Role of Professionals in ESG National Company Law Tribunal Company Law Matters Merger, Amalgamation & Restructuring Insolvency & Bankruptcy (IBC) Matters Corporate Litigation Fast Track Merger IPO Advisory Certification Tax Optimization SME IPO Advisory Services Post Listing Compliance Capital Structuring Taxation Accounting and Bookkeeping Risk & Governance Concurrent Tax Compliances Bookkeeping Accounting Review Services Outsourced Bookkeeping Financial Reporting & MIS Offshore Accounting Virtual CFO Due Diligence Support Financial Modelling Service Hire Independent Professional Accounting and tax compliance Payroll Management MIS and BUdgeting Services Legal Support Fundraising Advisory Merger and Acquisitions AIF Setup Fund Structuring AIF Application Process AIF Documentation De-Risking Business Financial Consulting Financal Due Diligence SOX Audit Services Investment Support Transaction Advisory for Exit Support Transaction-Agreements Due Diligence for Investors Investment transaction Advisory Due Diligence For exit Support CA Certificates NetWorth Certificate Turnover Certificate Utilization of Funds Income Tax Return True Copy Certified Financial Statement Provisional Financial Statement About About us Firm Team How We Do It Industries Careers Chartered Accountant CA Article Assistant Blog Contact Us

The_Indian_Partnership_Act_1932

Section / Rule Number Content


1 Short title extent and commencement
2 Definitions
3 Application of provisions of act IX of 1872
4 Definition of "partnership", "partners", "firm" and "firm-name"
5 Partnership not created by status
6 Mode of determinig 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 the business
13 Mutual right and liabilities
14 The property of the firm
15 Application of the property of the firm
16 Personal profits earned by partners
17 Rights and duties of partners after a change in the firm
18 Partner to be agent of the firm
19 Implied authority of partners as agent of the firm
20 Extension and restriction of partner's implied authority
21 Partner's authority in an emergency
22 Mode of doing act to bind firm
23 Effect of admission by a partner
24 Effect of notice to acting partner
25 Liability of a partner for acts of the firm
26 Liability of the firm for wrongful acts of a partner
27 Liability of firm for misapplication by partners
28 Holdingout
29 Rights of transferee of a partner's interest
30 Minors admitted to the benefits of partnership
31 Introduction of a partner
32 Retirement of a partner
33 Expulsion of a partner
34 Insolvency of a partner
35 Liability of estate of deceased partner
36 Rights 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 a 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 partners to have business wound up after dissolution
47 Continuing authority of partners for purposes of winding up
48 Mode of settlement of accounts between partners
49 Payment of firm's debts and of separate debts
50 Personal profits earned after dissolution
51 Return of premium on premature dissolution
52 Rights where partnership contract is rescinded for fraud or misrepresentation
53 Right to restrain from use of firm-name or firm-property
54 Agreements in restraint of trade
55 Sale of goodwill after dissolution
56 Power to exempt from application of this chapter
57 Appointment of registrar
58 Application for registration
59 Registration
59A Late registration on payment of penalty
59A Deletion and addition of certain entries relating to certain firms, by reason of reorganisation of states
59 B Deletion of entries relating to certain firms by reason of formation of gujrat state
60 Recording of alterations in firm-name, nature of business and principal place of business
61 Noting of closing and opening of branches
62 Noting of changes in names and assresses of partners
63 Recording of changes in and dissolution of a firm
64 Rectification of mistakes
65 Amendment of register by order of court
66 Inspection of register and filed documents
67 Grant of copies
68 Rules of evidence
69 Effect of non-registration
69A Penalty for contravention of section 60, 61, 62 or 63
70 Penalty for furnishing false particulars
70A Maximum fees and power to amend schedule I
71 Power to make rules
72 Mode of giving public notice
73 Repeals
74 Savings
Schedule- I
Schedule-II