Partnership Act

What Will You Learn?

• Introduction to the Partnership Act: Get an overview of the Partnership Act and its purpose in regulating partnerships.
• Definition of Partnership and Partners: Learn the legal definition of partnership and the roles and rights of partners.
• Formation of Partnership: Understand the essential elements needed to form a partnership legally.
• Types of Partnerships: Explore various types of partnerships, including general and limited partnerships.
• Rights and Duties of Partners: Learn about the specific rights and responsibilities each partner has within a partnership.
• Incoming and Outgoing Partners: Understand the process for adding or removing partners in a partnership.
• Dissolution of Partnership: Study the procedures and conditions under which a partnership may be dissolved.
• Settlement of Accounts: Learn about settling accounts and handling assets during and after dissolution.
• Case Laws and Practical Examples: Review key case laws that illustrate how the Partnership Act is applied in real cases.
• Judiciary Exam Preparation Tips: Get valuable tips on tackling exam questions related to partnership law.