THE PARTNERSHIP ACT, 1932

 

ACT No. IX OF 1932

(For Statement of Objects and Reasons and for Report of Special Com­mittee, see Gazette of India, 1931. Pt. V, p. 31; for Report of Select Com­mittee, see ibid., 1932, Pt. V, p. 1.

 

The Act has been applied to Phulera in the Excluded Area of Upper Tanawal to the extent the Act is applicable in the N: W.F.P., and extended to the Excluded Area of Upper Tanawal (N.‑W.F.P ) other than Phulera with effect from such date and subject to such modifications as may be notified, see N.‑W.F.P. (Upper Tanawal) (Excluded Area) Laws Regulation, 1950.

 

It has also been extended to the Leased Areas of Baluchistan, see the Leased Areas (Laws) Order, 1950 (G. G. O. 3 of 1950) ; and also applied in the Federated Areas of Baluchistan, see Gazette of India, 1937, Pt. I, p. 1499.

 

This Act has been extended to the Baluchistan States Union, see the Baluchistan States Union (Federal Laws) (Extension) Order, 1953 (G. G. O. 4 of 1953), as amended by the Baluchistan States Union (Federal Laws) (Exten­sion) (Second Arndt.) Order, 1953 (G. G. O. 19 of 1953).)

 

                                                                                                            [8th April, 1932]

 

An Act to define and amend the law relating to partnership

 

WHEREAS it is expedient to define and amend the law relating to partnership ;

 

It is hereby enacted as follows :‑