LLB Varun

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LLB Varun

Disclaimer and Terms of Use
  • Criminal Law
    • Bharatiya Nyaya Sanhita
  • Civil Law
    • Indian Contract Act
    • Specific Relief Act
    • Sale of Goods Act
    • Indian Partnership Act
  • Property law
    • Transfer of Property Act

Section 46 of Partnership Act

  • by Varun Kumar Jha
  • February 20, 2026February 20, 2026

Right of partners to have business wound up after dissolution.— On the dissolution of a firm every partner or his representative is entitled, as against all the other partners or their representatives, to have the… Section 46 of Partnership Act

Section 47 of Partnership Act

  • by Varun Kumar Jha
  • February 20, 2026February 20, 2026

Continuing authority of partners for purposes of winding up.— After the dissolution of a firm the authority of each partner to bind the firm, and the other mutual rights and obligations of the partners, continue… Section 47 of Partnership Act

Section 48 of Partnership Act

  • by Varun Kumar Jha
  • February 20, 2026

Mode of settlement of accounts between partners.— In settling the accounts of a firm after dissolution, the following rules shall, subject to agreement by the partners, be observed: — (a) Losses, including deficiencies of capital,… Section 48 of Partnership Act

Section 49 of Partnership Act

  • by Varun Kumar Jha
  • February 20, 2026

Payment of firm debts and of separate debts.— Where there are joint debts due from the firm, and also separate debts due from any partner, the property of the firm shall be applied in the… Section 49 of Partnership Act

Section 50 of Partnership Act

  • by Varun Kumar Jha
  • February 20, 2026February 20, 2026

Personal profits earned after dissolution.— Subject to contract between the partners, the provisions of clause (a) of section 16 shall apply to transactions by any surviving partner or by the representatives of a deceased partner,… Section 50 of Partnership Act

Section 51 of Partnership Act

  • by Varun Kumar Jha
  • February 20, 2026

Return of premium on premature dissolution.— Where a partner has paid a premium on entering into partnership for a fixed term, and the firm is dissolved before the expiration of that term otherwise than by… Section 51 of Partnership Act

Section 52 of Partnership Act

  • by Varun Kumar Jha
  • February 20, 2026

Rights where partnership contract is rescinded for fraud or misrepresentation.— Where a contract creating partnership is rescinded on the ground of the fraud or misrepresentation of any of the parties thereto, the party entitled to… Section 52 of Partnership Act

Section 53 of Partnership Act

  • by Varun Kumar Jha
  • February 20, 2026February 20, 2026

Right to restrain from use of firm name or firm property.— After a firm is dissolved, every partner or his representative may, in the absence of a contract between the partners to the contrary, restrain… Section 53 of Partnership Act

Section 54 of Partnership Act

  • by Varun Kumar Jha
  • February 20, 2026

Agreements in restraint of trade.— Partners may, upon or in anticipation of the dissolution of the firm, make an agreement that some or all of them will not carry on a business similar to that… Section 54 of Partnership Act

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About LLB Varun

LLB Varun is an online legal education platform founded by Varun Kumar Jha, focused on making complex legal concepts easy to understand through Bare Acts, AIBE multiple-choice questions, and landmark case laws.

Contact Us

Name: Varun Kumar Jha

Email: llbvarunjha@gmail.com

Website: llbvarun.com

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© 2025 LLB Varun

About LLB Varun

LLB Varun is an online legal education platform founded by Varun Kumar Jha, focused on making complex legal concepts easy to understand through Bare Acts, AIBE multiple-choice questions, and landmark case laws.

Contact Us

Name: Varun Kumar Jha

Email: llbvarunjha@gmail.com

Website: llbvarun.com

  • Home
  • About LLB Varun
  • Contact Us
  • Disclaimer and Terms of Use
  • Privacy Policy
  • YouTube
  • X
  • Facebook
  • Pinterest
  • LinkedIn
  • Instagram
  • RSS Feed

© 2025 LLB Varun