Section 62 Partnership Act, 1932 Explained: Application of Act to firms already existing | Nyaya

Statutory Content

What does Section 62 of Partnership Act, 1932 say?

This Act shall come into force on the first day of October, 1932, and shall apply to every firm existing at the commencement of this Act, and to every firm which may hereafter be formed.

Indian StandardSection 62, Partnership Act, 1932

Bluebook (21st ed.)Partnership Act, 1932, § 62 (India)

Court Pleading StandardSection 62 of the Partnership Act, 1932

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

Common Questions about Section 62 Partnership Act, 1932

What is Section 62 of Partnership Act, 1932?

Section 62 of the Partnership Act, 1932 (Partnership Act, 1932) defines and regulates "Application of Act to firms already existing". The section states: This Act shall come into force on the first day of October, 1932, and shall apply to every firm existing at the commencement of this Act, and to every firm which may hereafter be f...

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