The Partnership Act - Law Dictionary Search Results
UPA
UPA Uniform Partnership Act see also the Important Laws section
dissolution
as a : the termination of an organized body (as a court) b : the ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship c : the termination of … dissolution : the act or process of ending: as a : the termination of an organized body (as a court) b :
Partnership
Matched in: Term Partnership
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partnership
Matched in: Term partnership
Company
consequence is that in ordinary partnerships the whole property of each partner is liable for the debts of the partnership, whereas in limited company partnerships the liability of the partner'or shareholders, as they are called'is limited either by … (1) in a charter, as the Bank of England and many insurance companies; or (2) in a special Act of Parliament, with which, as authorizing an undertaking of a public nature such as a railway, the Companies
Firm
any business is established. 'Partners who have entered in partnership with one another are' for the purposes of the Partnership Act (see PARTNERSHIP) called collectively a firm, and the name under which their business is carried on is called
Specific performance
partnership, or an agreement in the nature of one, exists between two persons, and land is acquired by the partnership as a substratum of it, the land is in the nature of stock-in-trade of the partnership; and this … natural justice that a person should perform his agreement enforces, pursuant to a regulated and judicial discretion, the actual accomplishment of a thing stipulated for, on the ground that what is lawfully agreed to be done ought
Person
association or body of individuals whether incorporated or not'. The word 'persons' in s. 4 of the Indian Partnership Act which has replaced s. 239 of the Indian Contract Act contemplates only natural or artificial, i.e., legal persons
Dissolution
Dissolution, the act of breaking up. A partnership may be dissolved either by a proper notice, or effluxion of time as agreed upon in the Articles
Bovill's (Sir W.) Act
Also, an Act relating to partnership, 28 & 29 Vict. c. 86, now repealed but substantially re-enacted by the Partnership Act, 1890. It established the principle that participation in profits does not in itself constitute partnership, in accordance with,
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