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          Partnership definition under Indian law clarifies profit sharing relation among persons acting for all in business contexts. The concept of Partnership denotes a contractual relation among persons who agree to share the profits of a business carried on by any or all of them acting for all, emphasising agreement, business conduct, and profit sharing with partners acting for the firm.
                            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 definition under Indian law clarifies profit sharing relation among persons acting for all in business contexts.

                                  The concept of Partnership denotes a contractual relation among persons who agree to share the profits of a business carried on by any or all of them acting for all, emphasising agreement, business conduct, and profit sharing with partners acting for the firm.


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