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Partnership Act, 1932

Section 15

Powers of partners in relation to the property of the firm

Quick Answer Reference: Section 15 Partnership Act, 1932

  • Provision: Section 15 of Partnership Act, 1932
  • Act: Partnership Act, 1932
  • Classification: commercial
  • Jurisdiction: India
Statutory Content

What does Section 15 of Partnership Act, 1932 say?

Subject to any agreement between the partners, all the partners of a firm are entitled to inspect and take copies of all the books and papers of the firm, and to receive from any partner the information relating to the firm which any partner may in good faith reasonably require.

Indian StandardSection 15, Partnership Act, 1932
Bluebook (21st ed.)Partnership Act, 1932, § 15 (India)
Court Pleading StandardSection 15 of the Partnership Act, 1932
Canonical Web linkhttps://nyaya.cloud/acts/partnership-act-1932/15

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗
People Also Ask (PAA)

Common Questions about Section 15 Partnership Act, 1932

What is Section 15 of Partnership Act, 1932?

Section 15 of the Partnership Act, 1932 (Partnership Act, 1932) defines and regulates "Powers of partners in relation to the property of the firm". The section states: Subject to any agreement between the partners, all the partners of a firm are entitled to inspect and take copies of all the books and papers of the firm, and to receive from any p...

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