Section 12

The conduct of the business.

The Indian Partnership Act, 1932

  • Act 9 of 1932
  • Ministry of Corporate Affairs
About this Act

An Act to define and amend the Law Relating to Partnership.

All sections
    Subject to contract between the partners--
         (a) every partner has a right to take part in the conduct of the business;
         (b) every partner is bound to attend diligently to his duties in the conduct of the business;
         (c) any difference arising as to ordinary matters connected with the business may be decided by a majority of the partners, and every partner shall have the right to express his opinion before the matter is decided, but no change may be made in the nature of the business without the consent of all the partners; and
         (d) every partner has a right to have access to and to inspect and copy any of the books of the firm.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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