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TypeBare Act JurisdictionCentral Government

Indian Partnership Act, 1932

Complete Act - all sections

~3 min read
https://sooperkanoon.com/act/51017

Bare act · Research

About this act

Indian Partnership Act, 1932 is Central state legislation published on SooperKanoon in full. Use this page to read the bare act and jump to judgments that cite it.

Research copy - verify against official government publications before filing or court use.

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Act Text

Preamble1 - The Indian Partnership Act, 1932
ChapterI - Preliminary
Section1 - Short Title and Commencement
Section2 - Definitions
Section3 - Application of Provisions of Act of 1872
ChapterII - The Nature of Partnership
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
ChapterIII - Relations of Partners to One Another
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
ChapterIV - Relations of Partners to Third Parties
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
ChapterV - Incoming and Outgoing Partners
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
ChapterVI - Dissolution of a Firm
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
Chapter7 - Registration of Firms
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
Chapter8 - Supplemental
Section72 - Mode of Giving Public Notice
Section73 - Repealed
Section74 - Savings
Schedule1 - Maximum Fees
Schedule2 - Schedule Ii

Frequently asked questions

What is the Indian Partnership Act, 1932?

The Indian Partnership Act, 1932, is Central state legislation available in full text on SooperKanoon. It is commonly used for legal research alongside judgments that interpret and apply its provisions.

How can I find court judgments citing the Indian Partnership Act, 1932?

Use “Find citing judgments” on this page to search reported decisions from Indian courts and tribunals that reference the Indian Partnership Act, 1932. You can also start from the Bare Acts hub or run an advanced act search for tighter filters.

Is the act text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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