WritingLaw (Page 84)

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 Rights where partnership contract is rescinded for fraud or misrepresentation. Where a contract creating partnership is rescinded on the ground of the fraud orRead More →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

STATE AMENDMENT Section 59B Gujarat After section 59A, insert the following section, namely- 59B. Deletion of entries relating to certain firms by reason of reorganisationRead More →

60. Recording of alterations in firm name and principal place of business. (1) When an alteration is made in the firm name or in theRead More →

61. Noting of closing and opening of branches. When a registered firm discontinued business at any place or begins to carry on business at anyRead More →