Transcription of THE PARTNERSHIP (GENERAL) ACT, 2017
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THE PARTNERSHIP (GENERAL) ACT, 2017
THE PARTNERSHIP (GENERAL) ACT, 2017 (Act 3 of 2017) ARRANGEMENT OF SECTIONS PART I-Preliminary 1. Short title and commencement. 2 Interpretation. 3. Savings for PARTNERSHIP rules of common law and equity. 4. Formation of partnerships and conversion of form. 5. The PARTNERSHIP agreement. 6. Meaningof"firm". 7. Knowledge and notice. PART II-Partnerships without Separate Legal Personality 8. PARTNERSHIP under this Part. 9. When PARTNERSHIP governed by this Part. 10. Rules for determining the existence of PARTNERSHIP governed by this Part. 11. Determination as to whether a person is a partner in a PARTNERSHIP , governed by this Part. Relations of Partners to Persons Dealing with them 12. Acts of partners to bind the firm. 13. Partners bound by acts on behalf of the firm. 14. Partner using credit of firm for purposes not connected with the firm. 15. Firm not bound by acts of partner where agreement is made between parties and notice is given. 16. Liability of partners. 17. Liability of the finn for wrongs.
General standards of partner's conduct. 71. Actions by partnership and partners. ... "transfer" includes an assignment, a conveyance, sale, lease, mortgage or security interest, an encumbrance, including a gift and a transfer by operation oflaw;
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