The Indian Partnership Act, 1932 is
an act enacted by the Parliament of India to regulate partnership firms in
India. It received the assent of the Governor-General on 8 April 1932 and came
into force on 1 October 1932. Before the enactment of this act, partnerships
were governed by the provisions of the Indian Contract Act. The act is
administered through the Ministry of Corporate Affairs. The act is not
applicable to Limited Liability Partnerships, since they are governed by the
Limited liability Partnership Act, 2008.
Definition :-
Section 2 of the act
defines,
(a)
an "Act of a firm" means any act or omission by all the partners, or
by any partner or agent of the firm which gives rise to a right enforceable by
or against the firm;
(b)
"Business" includes every trade, occupation and profession;
(c)
"Prescribed" means prescribed by rules made under this Act; (c-1)
"Registrar" means the Registrar of Firms appointed under sub-section
(1) of section 57 and includes the Deputy Registrar of Firms and Assistant
Registrar of Firms appointed under sub-section (2) of that section;
(d)
"Third party" used in relation to a firm or to a partner 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, shall have the meanings assigned to them in that Act.
Partnership
refers to an agreement between persons to share their profits or losses arising
on account of actions carried by all or one of them acting on behalf of all.
The persons who have entered such an agreement are called partners and give
their collective business a name, which is necessarily their firm-name. This
relation between partners arises out of a contract
or an agreement, which means a husband and wife carrying on a business or
members of a Hindu undivided family re not into partnership. The share of
profits received by any individual from the firm, money received by a lender of
money, salary received by a worker or a servant, annuity received by a widow or
a child of a deceased partner, does not make them a partner of the firm.
We MRA Consulting est l'une des société Etude des marchés les plus progressistes au Congo. Nous sommes spécialisés dans les études de marché quantitatives et qualitatives au Congo. Nos techniques Etude des marchés vous aident à identifier les domaines dans lesquels votre entreprise peut prospérer le plus.
ReplyDeleteFormation professionnelle au congo
Recherche marketing
Etude des marchés au congo
Force de vente
Veille des médias au congo
Contact us:
Call: +243 81 32 56 348
Email: infos@mraconsulting.net
Website: https://mraconsulting.net/
Hey there,
ReplyDeleteNice blog
check out our blogs
Bulk WhatsApp Marketing in Mumbai