The Indian Partnership Act, 1932
Section 15. Application of the property of the firm.
Subject to contract between the partners, the property of the firm shall be held and used by the partners exclusively for the purposes of the business.
Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.
Cases citing this section
No order or office report we hold cites this section yet.
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