Section 4: Definition of “partnership”, “partner”, “firm” and “firm name”.

The Indian Partnership Act, 1932Central Act · Act 9 of 1932

"Partnership" is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all.

Persons who have entered into partnership with one another are called individually "partners" and collectively "a firm", and the name under which their business is carried on is called the "firm name".

Where this provision sits

Act	The Indian Partnership Act, 1932
Section	4
Marginal note	Definition of “partnership”, “partner”, “firm” and “firm name”.
Jurisdiction	Central
Status	In force as published by the source
Judgments citing it	1

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