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of <h1>Partners' Rights & Duties: Participate in Business, Majority Vote for Decisions, Unanimous Consent for Changes (Indian Partnership Act, 1932)</h1> Under the Indian Partnership Act, 1932, partners in a firm have specific rights and duties concerning business conduct. Each partner is entitled to participate in business operations and must diligently fulfill their responsibilities. Decisions on ordinary business matters are made by a majority vote, with each partner having the right to voice their opinion before a decision is finalized. However, altering the business's nature requires unanimous consent. Additionally, partners have the right to access, inspect, and copy the firm's books. These provisions are subject to any contractual agreements between the partners.
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