Partnership Act, 1932

Section 65

Repeals

Englishहिंदी

⚡ Quick Answer Reference: Section 65 Partnership Act, 1932

Provision: Section 65 of Partnership Act, 1932
Act: Partnership Act, 1932
Classification: commercial
Jurisdiction: India
Summary: This section repeals the entire Indian Partnership Act, 1932. It means that the Act is no longer in force and any provisions under it are not applicable. This section is a procedural provision and does not prescribe a penal punishment.

Statutory Content

What does Section 65 of Partnership Act, 1932 say?

The Indian Partnership Act, 1932 (7 of 1932), is hereby repealed.

Indian StandardSection 65, Partnership Act, 1932

Bluebook (21st ed.)Partnership Act, 1932, § 65 (India)

Court Pleading StandardSection 65 of the Partnership Act, 1932

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

✓ VERIFIED FOR LEGAL ACCURACYReviewed & certified by Advocate Priya Menon (Bar Council ID: MAH/4521/2018).

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Section Meaning & Purpose

What does Section 65 of Partnership Act, 1932 mean?

Plain English Explanation

This section repeals the entire Indian Partnership Act, 1932. It means that the Act is no longer in force and any provisions under it are not applicable. This section is a procedural provision and does not prescribe a penal punishment.

Practical Interpretation

When this section is invoked, it effectively removes the Indian Partnership Act, 1932 from the statute books. This means that any existing partnerships governed by this Act will need to be reconstituted under a new legal framework.

Core Legal Purpose

The core purpose of this section is to bring about a change in the legal framework governing partnerships in India. It aims to repeal the outdated provisions of the Indian Partnership Act, 1932 and pave the way for new legislation or amendments.

Key Legal Elements

•The Indian Partnership Act, 1932 is being repealed.
•The repeal is effective immediately.
•No key legal test or threshold standard is required.
•No key exception or limitation under this section.

Practical Example

Practical Example of Section 65 Partnership Act, 1932

Suppose Rajesh and Priya were partners under the Indian Partnership Act, 1932. After the repeal of this Act, they would need to reconstitute their partnership under a new legal framework. They may need to register their partnership under the new Companies Act or the Limited Liability Partnership Act, 2008.

Common Questions (FAQ)

Frequently Asked Questions about Section 65 Partnership Act, 1932

Q: What is the punishment or consequence under Section 65 of Partnership Act, 1932?

This section is a procedural provision and does not prescribe a penal punishment.

Q: Does this section apply to private individuals or public entities?

This section applies to all partnerships governed by the Indian Partnership Act, 1932, regardless of whether they are private or public entities.

Q: Is an offence under this section bailable or cognizable?

This section is a procedural provision and does not prescribe a penal punishment, so it is neither bailable nor cognizable.

Common Questions about Section 65 Partnership Act, 1932

What is Section 65 of Partnership Act, 1932?

Section 65 of the Partnership Act, 1932 (Partnership Act, 1932) defines and regulates "Repeals". In plain terms: This section repeals the entire Indian Partnership Act, 1932. It means that the Act is no longer in force and any provisions under it are not applicable. This section is a procedural provision and does not prescribe a penal punishment.

What are the elements of Section 65 of Partnership Act, 1932?

The essential elements of Section 65 of Partnership Act, 1932 are: The Indian Partnership Act, 1932 is being repealed.; The repeal is effective immediately.; No key legal test or threshold standard is required..

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