Law Notes, WRITE-UPS
Contract of Indemnity (Section 124 – 125)
Introduction Contract of Indemnity (Section 124) As per Indian Contract Act under section 124, Indemnity is defined as a promise […]
November 6, 2022
Law Notes, WRITE-UPS
Doctrine of Holding out under Partnership Act
Introduction Doctrine of holding out links itself back to the Partnership Act of 1980. This Doctrine has been incorporated under
Law Notes, WRITE-UPS
Kinds of Partnership – Section 6 & 7 and Essentials of Partnership
A partnership is a form of business organization wherein two or more persons join together to carry out business. A
Law Notes, WRITE-UPS
PROPERTY OF THE FIRM AND ITS APPLICATIONÂ (Section 14,15)
INTRODUCTION According to Section 4 of the Indian partnership Act 1932, a firm is the collective name of people who
Law Notes, WRITE-UPS
Duties of Partners
GENERAL DUTIES OF PARTNERS (SECTION 9): Section 9 states three sub-sections which provide with three different duties of partners under
Law Notes, WRITE-UPS
Conduct of the business and Mutual rights and liabilities Â
Section 12 of Partnership act states: The conduct of the business. Subject to contract between the partners, (a) each partner
