Section 5: Partnership not created by status.

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

The relation of partnership arises from contract and not from status;

and, in particular, the members of a Hindu undivided family carrying on a family business as such, or a Burmese Buddhist husband and wife carrying on business as such are not partners in such business.

Where this provision sits

Act	The Indian Partnership Act, 1932
Section	5
Marginal note	Partnership not created by status.
Jurisdiction	Central
Status	In force as published by the source

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