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SourceLaw Dictionary Browse Letter P

Partners

Legal definition for Indian law research

Definition

Partners, the distinction between co-owners and partners is that in the case of co-ownership the co-owners do not intend to carry on a business. On the other hand, the partnership intend to carry on business, K.T. Abdul Badsha Saheb v. Century Wood Industries, AIR 1954 Mys 33; see also Gopalji v. Nagarmal Baijnath, AIR 1936 Pat 441.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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