Section 15:
Application of the property of the firm.
Subject to contract between the partners, the property
of the firm shall be held and used by the partners exclusively for the purposes of the business.
Act Number: 9
Act Name: The Indian Partnership Act, 1932
Year: 1932
Enactment Date: 1932-04-08
Long Title: An Act to define and amend the Law Relating to Partnership.
Ministry: Ministry of Corporate Affairs
Department: