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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Mutual rights and duties govern partner profit sharing, management participation, fiduciary obligations and dispute arbitration.</h1> Default statutory provisions govern partners' mutual rights and duties where no agreement exists: equal sharing of capital, profits and losses; participation in management without remuneration; LLP indemnity for liabilities incurred in ordinary business or preservation of assets; partner indemnity to LLP for fraudulent loss; unanimous consent required for admission of new partners and for changing the nature of the business; majority voting for ordinary matters with minutes maintained; duty to account for competitive or unauthorised benefits; and arbitration for unresolved disputes.

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