Law Maker

CHAPTER II THE NATURE OF PARTNERSHIP

Section 5: Partnership not created by status

The Indian Partnership Act, 1932

The relation of partnership arises from contract and not from status;

and, in particular, the members of a Hindu undivided family carrying on a family business as such, or a Burmese Buddhist husband and wife carrying on business as such are not partners in such business

Questions on this section

1 question in 3 of our papers cite Section 5.

Practise questions on Partnership and Sale of Goods Acts