2. Definitions.

In this Act, unless there is anything repugnant in the subject or context,-

(a) an “act of a firm” means any act or omission by all the partners, or by any partner or agent of the firm which gives rise to a right enforceable by or against the firm;

(b)business” includes every trade, occupation and profession;

Bare Act PDFs

(c)prescribed” means prescribed by rules made under this Act;

(d)third party” used in relation to a firm or to a partner therein means any person who is not a partner in the firm; and

(e) expressions used but not defined in this Act and defined in the Indian Contract Act, 1872 (9 of 1872), shall have the meanings assigned to them in that Act.

State Amendment
Maharashtra-
In section 2, after clause (c), insert the following clause, namely- “(c-1) “Registrar” means the Registrar of Firms appointed under sub-section (1) of section 57 and includes the Deputy Registrar of Firms and Assistant Registrar of Firms appointed under sub-section (2) of that section;”
[Vide Maharashtra Act 29 of 1984, sec. 2 (w.e.f. 1-1-1985)]

Partnership Act full Bare Act

Download Partnership Act PDF

WritingLaw » Indian Partnership Act » Section 2 Partnership Act Law Study Material PDF and MCQ Tests
If you are a regular reader, please consider buying the Law PDFs and MCQ Tests. You will love them. You may also support with any amount you like. Thank You.