Section 46 of Indian Partnership Act
What Is Section 46 of Indian Partnership Act? Right of partners to have business wound up after dissolution.— On the dissolution of a firm…
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Section 47 of Indian Partnership Act
What Is Section 47 of Indian Partnership Act? Continuing authority of partners for purposes of winding up.— After the dissolution of a firm the…
Read articleSection 48 of Indian Partnership Act
What Is Section 48 of Indian Partnership Act? Mode of settlement of accounts between partners.— In settling the accounts of a firm after dissolution,…
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What Is Section 49 of Indian Partnership Act? Payment of firm debts and of separate debts.— Where there are joint debts due from the…
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What Is Section 50 of Indian Partnership Act? Personal profits earned after dissolution.— Subject to contract between the partners, the provisions of clause (a)…
Read articleSection 51 of Indian Partnership Act
What Is Section 51 of Indian Partnership Act? Return of premium on premature dissolution.— Where a partner has paid a premium on entering into…
Read articleSection 52 of Indian Partnership Act
What Is Section 52 of Indian Partnership Act? Rights where partnership contract is rescinded for fraud or misrepresentation.— Where a contract creating partnership is…
Read articleSection 53 of Indian Partnership Act
What Is Section 53 of Indian Partnership Act? Right to restrain from use of firm name or firm property.— After a firm is dissolved,…
Read articleSection 54 of Indian Partnership Act
What Is Section 54 of Indian Partnership Act? Agreements in restraint of trade.— Partners may, upon or in anticipation of the dissolution of the…
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