Section 49 Partnership Act, 1932 Explained: Application of Act to firms already existing at the commencement of this Act | Nyaya

Statutory Content

What does Section 49 of Partnership Act, 1932 say?

This Act shall apply to all firms existing at the commencement of this Act, and shall come into force on the first day of January, 1933.

Indian StandardSection 49, Partnership Act, 1932

Bluebook (21st ed.)Partnership Act, 1932, § 49 (India)

Court Pleading StandardSection 49 of the Partnership Act, 1932

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 49 Partnership Act, 1932

What is Section 49 of Partnership Act, 1932?

Section 49 of the Partnership Act, 1932 (Partnership Act, 1932) defines and regulates "Application of Act to firms already existing at the commencement of this Act". The section states: This Act shall apply to all firms existing at the commencement of this Act, and shall come into force on the first day of January, 1933....

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