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        Partnership Firms

        Section 4 - Definitions of 'partnership', 'partner', 'firm' and 'firm name'

        Indian Partnership Act, 1932
        Chapter II
        THE NATURE OF PARTNERSHIP

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        Partnership defined as relation of persons sharing business profits, identifying partners, the firm and the firm name. The provision defines partnership as the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all; such persons are partners, collectively a firm, and the name under which their business is carried on is the firm name.
                    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.

                        Partnership defined as relation of persons sharing business profits, identifying partners, the firm and the firm name.

                        The provision defines partnership as the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all; such persons are partners, collectively a firm, and the name under which their business is carried on is the firm name.


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