The Partnership Act, 1932

1. PreamblePreamble

Chapter I PRELIMINARY

1. Section 1Short title, extent and commencement
2. Section 2Definitions
3. Section 3Application of provisions of Act IX of 1872

Chapter II THE NATURE OF PARTNERSHIP

1. Section 4Definition of "partnership", "partner", "firm" and "firm name"
2. Section 5Partnership not created by status
3. Section 6Mode of determining existence of partnership
4. Section 7Partnership at will
5. Section 8Particular partnership

Chapter III RELATIONS OF PARTNERS TO ONE ANOTHER

1. Section 9General duties of partners
2. Section 10Duty to indemnify for loss caused by fraud
3. Section 11Determination of rights and duties of partners by contract between the partners
4. Section 12The conduct of the business
5. Section 13Mutual rights and liabilities
6. Section 14The property of the firm
7. Section 15Application of the property of the firm
8. Section 16Personal profits earned by partners
9. Section 17Rights and duties of partners after a change in the firm,

Chapter IV RELATIONS OF PARTNERS TO THIRD PARTIES

1. Section 18Partner to be agent of the firm
2. Section 19Implied authority of partner as agent of the firm
3. Section 20Extension and restriction of partner's implied authority
4. Section 21Partner's authority in an emergency
5. Section 22Mode of doing act to bind firm
6. Section 23Effect of admissions by a partner
7. Section 24Effect of notice to acting partner
8. Section 25Liability of a partner for acts of the firm
9. Section 26Liability of the firm for wrongful acts of a partner
10. Section 27Liability of firm for misapplication by partners
11. Section 28Holding out
12. Section 29Rights of transferee of a partner's interest
13. Section 30Minors admitted to the benefits of partnership

Chapter V INCOMING AND OUTGOING PARTNERS

1. Section 31Introduction of a partner
2. Section 32Retirement of a partner
3. Section 33Expulsion of a partner
4. Section 34Insolvency of a partner
5. Section 35Liability of estate of deceased partner
6. Section 36Rights of outgoing partner to carry on competing business
7. Section 37Right of outgoing partner in certain cases to share subsequent profits
8. Section 38Revocation of continuing guarantee by change in firm

Chapter VI DISSOLUTION OF A FIRM

1. Section 39Dissolution of a firm
2. Section 40Dissolution by agreement
3. Section 41Compulsory dissolution
4. Section 42Dissolution on the happening of certain contingencies
5. Section 43Dissolution by notice of partnership at will
6. Section 44Dissolution by the Court
7. Section 45Liability for acts of partners done after dissolution
8. Section 46Right of partners to have business wound up after dissolution
9. Section 47Continuing authority of partners for purposes of winding up
10. Section 48Mode of settlement of accounts between partners
11. Section 49Payment of firm debts and of separate debts
12. Section 50Personal profits earned after dissolution
13. Section 51Return of premium on premature dissolution
14. Section 52Rights where partnership contract is rescinded for fraud or misrepresentation
15. Section 53Rights to restrain from use of firm name or firm property
16. Section 54Agreements in restraint of trade
17. Section 55Sale of goodwill after dissolution

Chapter VII REGISTRATION OF FIRMS

1. Section 56[Omitted]Repealed
2. Section 57Appointment of Registrars
3. Section 58Application for registration
4. Section 59Registration
5. Section 60Recording or alterations in firm name and principal place of business
6. Section 61Noting of closing and opening of branches
7. Section 62Noting of changes in names and addresses of partners
8. Section 63Recording of changes in and dissolution of a firm
9. Section 64Rectification of mistakes
10. Section 65Amendment of Register by order of Court
11. Section 66Inspection of Register and filed documents
12. Section 67Grant of copies
13. Section 68Rules of evidence
14. Section 69Effect of non-registration
15. Section 70Penalty for furnishing false particulars
16. Section 71Power to make rules

Chapter VIII SUPPLEMENTAL

1. Section 72Mode of giving public notice
2. Section 73[Repealed]Repealed
3. Section 74Savings

Schedules

1. ScheduleMaximum Fees