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Code of Criminal Procedure Act, 1973
Section chapter Details View
11 Determination of rights and duties of partners by ... (1) Subject to the provisions of this Act, the mutual rights and duties of the partners of a firm may be determined by contract between the partners, and such contract may be expressed or may be implied by a course of dealing. Such contract may be... View
12 The conduct of the business. business.—Subject to contract between the partners— (a) every partner has a right to take part in the conduct of the business; (b) every partner is bound to attend diligently to his duties in the conduct of the business; (c) any diff... View
13 Mutual rights, and liabilities. Subject to contract between the partners— (a) a partner is not entitled to receive remuneration for taking part in the conduct of the business; (b) the partners are entitled to share equally in the profits earned, and shall contribute equall... View
14 The property of the firm. Subject to contract between the partners, the property of the firm includes all property and rights and interests in property originally brought into the stock of the firm, or acquired, by purchase or otherwise, by or for the firm, or for the purpo... View
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. View
16 Personal profits earned by partners. Subject to contract between the partners,— (a) if a partner derives any profits for himself from any transaction of the firm, or from the use of the property or business connection of the firm or the firm name, he shall account for that prof... View
17 17. Rights and duties of partners—after a ch... Subject to contract between the partners,— (a) where a change occurs in the constitution of a firm, the mutual rights and duties of the partners in the reconstituted firm remain the same as they were immediately before the change, as far a... View
18 Partner to be agent of the firm. Subject to the provisions of this Act, a partner is the agent of the firm for the purposes of the business of the firm. View
19 Implied authority of partner as agent of the firm.... (1) Subject to the provisions of section 22, the act of a partner which is done to carry on, in the usual way, business of the kind carried on by the firm, binds the firm. The authority of a partner to bind the firm conferred by this section is ca... View
20 Extension and restriction of partner's implie... The partners in a firm may, by contract between the partners, extend or restrict the implied authority of any partner. Notwithstanding any such restriction, any act done by a partner on behalf of the firm which falls within his implied authority b... View