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Contract II · Unit 1

The Indian Partnership Act, 1932

Unit 1 of Contract – II (syllabus: Module I — the nature of partnership, the relations of partners to one another and to third parties, the incoming and outgoing of partners, registration and its consequences, and dissolution). Below: what the unit covers, the provisions it turns on, and the cases an examiner expects you to name.

What this unit covers

  • What is the test for the existence of a partnership?
  • How far does a partner's implied authority bind the firm?
  • What is the position of a minor admitted to the benefits of partnership?
  • When is a person liable for a firm's debts although he is not a partner?
  • What does non-registration of a firm actually bar?
  • What property belongs to the firm rather than to the partner who brought it?
  • What must an outgoing partner do, and what may he claim?
  • How is a partnership dissolved, and what happens next?

Treat that list as a self-test: recite each topic's rule from memory before you open its cases.

Provisions

Leading cases

Full case summaries

Exam questions on this unit

In this paper