Savings provision preserves pre-existing partnership rights, obligations and proceedings despite enactment of the Act, maintaining prior rules. Savings clause preserves existing partnership rights, titles, interests, obligations and liabilities accrued before the Act, and maintains related legal proceedings and remedies; it retains partnership enactments not expressly repealed, applicable insolvency rules relating to partnership, and any rule of law not inconsistent with the Act, thereby ensuring continuity of pre-existing legal relations and remedies on commencement.
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.
Savings provision preserves pre-existing partnership rights, obligations and proceedings despite enactment of the Act, maintaining prior rules.
Savings clause preserves existing partnership rights, titles, interests, obligations and liabilities accrued before the Act, and maintains related legal proceedings and remedies; it retains partnership enactments not expressly repealed, applicable insolvency rules relating to partnership, and any rule of law not inconsistent with the Act, thereby ensuring continuity of pre-existing legal relations and remedies on commencement.
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