WritingLaw (Page 62)

45. Liability for acts of partners done after dissolution. (1) Notwithstanding the dissolution of a firm, the partners continue to be liable as such toRead More →

46. Right of partners to have business wound up after dissolution. On the dissolution of a firm every partner or his representative is entitled, asRead More →

47. Continuing authority of partners for purposes of winding up. After the dissolution of a firm the authority of each partner to bind the firm,Read More →

48. Mode of settlement of accounts between partners. In settling the accounts of a firm after dissolution, the following rules shall, subject to agreement byRead More →

49. Payment of firm debts and of separate debts. Where there are joint debts due from the firm, and also separate debts due from anyRead More →

50. Personal profits earned after dissolution. Subject to contract between the partners, the provisions of clause (a) of section 16 shall apply to transactions by anyRead More →

51. Return of premium on premature dissolution. Where a partner has paid a premium on entering into partnership of a fixed term, and the firmRead More →

52. Rights where partnership contract is rescinded for fraud or misrepresentation. Where a contract creating partnership is rescinded on the ground of the fraud orRead More →

53. Right to restrain from use of firm name or firm property. After a firm is dissolved, every partner or his representative may, in theRead More →

54. Agreements of restraint of trade. Partners may, upon or in anticipation of the dissolution of the firm, make an agreement that some or allRead More →

55. Sale of goodwill after dissolution. (1) In settling the accounts of a firm after dissolution, the goodwill shall, subject to contract between the partners,Read More →

CHAPTER VII – REGISTRATION OF FIRMS 56. Power to exempt from application of this Chapter. The State Government of any State may, by notification inRead More →

57. Appointment of Registrars. (1) The State Government may appoint Registrars of Firms for the purposes of this Act, and may define the areas withinRead More →

58. Application for registration. (1) The registration of a firm may be effected at any time by sending by post or delivering to the RegistrarRead More →

59. Registration. When the Registrar is satisfied that the provisions of section 58 have been duly complied with, he shall record an entry of theRead More →

STATE AMENDMENT Section 59A Andhra Pradesh After section 59, insert the following section, namely- 59A. Amendment of the Register of Firms- (1) Notwithstanding anything in thisRead More →