Bare Act Search Results

Indian Partnership Act, 1932 Chapter IV

Title: Relations of Partners to Third Parties

State: Central

Year: 1932

.....for the purpose of the business of the firm. Section 19 - Implied authority of partner as agent of the firm (1) Subject to the provisions of section 22, the act of a partner which is done to carry on, in the usual way, business of the kind carried on by the firm, binds the firm. The authority of a partner to bind the firm conferred by this section is called his "implied authority". (2) In the absence of any usage or custom of trade to the contrary, the implied authority of a partner does not empower him toX (a) submit a dispute relating to the business of the firm to arbitration, (b) open a banking account on behalf of the firm in his own name, (c) compromise or relinquish any claim or portion of a claim by the firm, (d) withdraw a suit or proceeding filed on behalf of the firm, (e) admit any liability in a suit or proceeding against the firm, (f) acquire immovable property on behalf of the firm, (g) transfer immovable property belonging to the firm, or (h) enter into partnership on behalf of the firm. Section 20 - Extension and restriction of partners implied authority The partners in a firm may, by contract between the partners, extend or.....

Indian Partnership Act, 1932 Section 19

Title: Implied Authority of Partner as Agent of the Firm

State: Central

Year: 1932

(1) Subject to the provisions of section 22, the act of a partner which is done to carry on, in the usual way, business of the kind carried on by the firm, binds the firm. The authority of a partner to bind the firm conferred by this section is called his "implied authority". (2) In the absence of any usage or custom of trade to the contrary, the implied authority of a partner does not empower him toX (a) submit a dispute relating to the business of the firm to arbitration, (b) open a banking account on behalf of the firm in his own name, (c) compromise or relinquish any claim or portion of a claim by the firm, (d) withdraw a suit or proceeding filed on behalf of the firm, (e) admit any liability in a suit or proceeding against the firm, (f) acquire immovable property on behalf of the firm, (g) transfer immovable property belonging to the firm, or (h) enter into partnership on behalf of the firm.

Indian Partnership Act, 1932 Complete Act

State: Central

Year: 1932

.....therein means any person who is not a partner in the firm; and (e) expressions used but not defined in this Act and defined in the Indian Contract Act, 1872 (9 of 1872), shall have the meanings assigned to them in that Act. SECTION 03: APPLICATION OF PROVISIONS OF ACT 9 OF 1872 The unrepealed provisions of the Indian Contract Act, 1872, save in so far as they are inconsistent with the express provisions of this Act, shall continue to apply to firms. CHAPTER II: THE NATURE OF PARTNERSHIP SECTION 04: DEFINITION OF "PARTNERSHIP", "PARTNER", "FIRM" AND "FIRM NAME" "Partnership" is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons who have entered into partnership with one another are called individually "partners" and collectively a "firm", and the name under which their business is carried on is called the "firm name". SECTION 05: PARTNERSHIP NOT CREATED BY STATUS The relation of partnership arises from contract and not from status; and, in particular, the members of a Hindu undivided family carrying on a family business as such, or a Burmese Buddhist husband and wife carrying business as.....

The Madras Marumakkattayam Act, 1932 Complete Act

State: Kerala

Year: 1932

THE MADRAS MARUMAKKATTAYAM ACT, 1932 THE MADRAS MARUMAKKATTAYAM ACT, 1932 [Act No. 12 of 1933] PREAMBLE An Act to define and amend in certain respects the Law relating to marriage, guardianship, intestate succession, family management and partition applicable to persons governed by the Marumakkattayam Law of inheritance. Whereas it is expedient to define and amend in certain respects the law relating to marriage, guardianship, intestate succession, family management and partition applicable to persons governed by the Marumakkattayam Law of inheritance. And Whereas the previous sanction of the Governor-General has been obtained to the passing of this Act; It is hereby enacted as follows; - Section 1 - Short title and extent (1) This Act may be called the Madras Marumakkattayam Act, 1932. (2) It shall apply- (a) to all Hindus in the Presidency of Madras who are governed by the Marumakkattayam Law of inheritance; (b) to all Hindus outside the said Presidency governed by the said law, in respect of properties within it; and (c) to all Hindu males whether governed by the said law or not, who have contracted or may contract marital alliances with Hindu.....

The Bombay Weights and Measures Act 1932 Complete Act

State: Maharashtra

Year: 1932

.....or to multiples 1[or sub-multiples] thereof and it shall not be lawful to use may other weight or measure in relation to any such dealing or contract. (2)Any dealing or contract had or made in contravention of the provisions of sub-section (1 )so far as it contravenes the said provisions shall be void unless it is proved that such dealing or contract was had or made without intention to contravene the said provisions. Explanation - Unless there is anything repugnant in the subject or context dealing or contract is hereinafter called "trade" SECTION 12A: CUSTOM FOR EXCESS OR LESS QUANTITY TO BE DEMANDED OR RECEIVED VOID Any custom, usage, practice or method of whatever nature which permits in any trade 3[a trader, a seller or a buyer] to demand, receive or cause to be demanded or received any quantity of article in excess of or less than the quantity fixed by the weight or measure by which the contract or dealing 4[in respect of the said article] has been made shall be void.] 1.The words "or sub-multiples" were inserted by Born. 33 of 1935, s. 3. 2.This section was inserted by Born. 56 of 1948, s. 5. 3.These words were substituted for the words "a seller or a buyer" by Born. 15.....

Bengal Municipal Act, 1932 Complete Act

State: West Bengal

Year: 1932

.....sanction of the Governor General has been obtained under sub-section (3) of section 80A of the Government of .India Act to the passing of this Act; It is hereby enacted as follows CHAPTER 1 PRELIMINARY Section 1 Short title, extent and commencement (1)This Act may be called the Bengal Municipal Act, 1932. (2) It extends to the whole of [West Bengal], except Calcutta as defined fay clause (11) of section 3 of the Calcutta Municipal Act, 1923. (3) It shall come into force on such date as the (State Government] may, by notification, appoint. (4) Notwithstanding anything contained in sub-section (2), it shall not take effect in any cantonment or part of a cantonment without the consent of the [Central Government] previously obtained. (5) Notwithstanding anything contained in sub-section (2), the provisions of this Act shall apply to the district of Darjeeling or any part thereof subject to such exceptions and modifications as the State Government may, by notification, direct. Section 2 Savings .- ********* All municipalities constituted, ****** limits defined, regulations, measurements and divisions made, licenses and notices issued, taxes, tolls, rates and fees.....