Indian Partnership Act

Holding out.— (1) Anyone who by words spoken or written or by conduct represents himself, or knowingly permits himself to be represented, to be a partner in a firm, is liable as a partner in… 

Rights of transferee of a partner’s interest.— (1) A transfer by a partner of his interest in the firm, either absolute or by mortgage, or by the creation by him of a charge on such… 

Minors admitted to the benefits of partnership.— (1) A person who is a minor according to the law to which he is subject may not be a partner in a firm, but, with the consent… 

Introduction of a partner.— (1) Subject to contract between the partners and to the provisions of section 30, no person shall be introduced as a partner into a firm without the consent of all the… 

Retirement of a partner.— (1) A partner may retire— (2) A retiring partner may be discharged from any liability to any third party for acts of the firm done before his retirement by an agreement… 

Expulsion of a partner.— (1) A partner may not be expelled from a firm by any majority of the partners, save in the exercise in good faith of powers conferred by contract between the partners.… 

Insolvency of a partner.— (1) Where a partner in a firm is adjudicated an insolvent he ceases to be a partner on the date on which the order of adjudication is made, whether or not… 

Liability of estate of deceased partner. — Where under a contract between the partners the firm is not dissolved by the death of a partner, the estate of a deceased partner is not liable for… 

Rights of outgoing partner to carry on competing business. Agreements in restraint of trade.— (1) An outgoing partner may carry on a business competing with that of the firm and he may advertise such business,…