CA Foundation Exam > CA Foundation Videos > Business Laws for CA Foundation > Indian Partnership Act 1932
Indian Partnership Act 1932 Video Lecture | Business Laws for CA Foundation
|
51 videos|110 docs|57 tests
|
FAQs on Indian Partnership Act 1932 Video Lecture - Business Laws for CA Foundation
| 1. What is the Indian Partnership Act 1932? |  |
Ans. The Indian Partnership Act 1932 is a legislation that governs the formation, operation, and dissolution of partnerships in India. It provides rules and regulations regarding the rights, duties, and liabilities of partners, as well as the registration and termination of partnerships.
| 2. What is the objective of the Indian Partnership Act 1932? | |
Ans. The objective of the Indian Partnership Act 1932 is to define and regulate partnerships in India, ensuring transparency, clarity, and fairness in the conduct of business relationships among partners. It aims to establish a legal framework for the formation, operation, and dissolution of partnerships.
| 3. Do all partnerships need to be registered under the Indian Partnership Act 1932? | |
Ans. No, not all partnerships need to be registered under the Indian Partnership Act 1932. Partnerships that do not register are considered "unregistered partnerships." However, it is advisable to register a partnership as it provides legal recognition, protection of rights, and access to certain benefits and remedies under the law.
| 4. What are the rights and duties of partners under the Indian Partnership Act 1932? | |
Ans. Under the Indian Partnership Act 1932, partners have the right to participate in the management of the partnership, share profits and losses according to the partnership agreement, and access partnership books and information. They also have a fiduciary duty to act in good faith, exercise due diligence, and maintain loyalty towards the partnership and other partners.
| 5. How can a partnership be dissolved under the Indian Partnership Act 1932? | |
Ans. A partnership can be dissolved under the Indian Partnership Act 1932 through various ways, including mutual agreement among partners, completion of the partnership's objectives, expiry of the partnership term, death or bankruptcy of a partner, or court order due to misconduct or irreconcilable differences. The Act provides guidelines on the settlement of accounts, distribution of assets, and other procedures for the dissolution of partnerships.
Related Exams
About this Video
|
3.4K Views |
|
4.93/5 Rating |
|
Nov 23, 2024 Last updated |
Video Description: Indian Partnership Act 1932 for CA Foundation 2024 is part of Business Laws for CA Foundation preparation.
The notes and questions for Indian Partnership Act 1932 have been prepared according to the CA Foundation exam syllabus.
Information about Indian Partnership Act 1932 covers all important topics for CA Foundation 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Indian Partnership Act 1932.
Introduction of Indian Partnership Act 1932 in English is available as part of our Business Laws for CA Foundation for CA Foundation & Indian Partnership Act 1932 in
Hindi for Business Laws for CA Foundation course. Download more important topics related with notes, lectures and mock test series for
CA Foundation Exam by signing up for free.
Description
Video Lecture & Questions for Indian Partnership Act 1932 Video Lecture | Business Laws for CA Foundation - CA Foundation full syllabus preparation | Free video for CA Foundation exam to prepare for Business Laws for CA Foundation.
Information about Indian Partnership Act 1932
Here you can find the meaning of Indian Partnership Act 1932 defined & explained in the simplest way possible.
Besides explaining types of Indian Partnership Act 1932 theory, EduRev gives you an ample number of questions to practice Indian Partnership Act 1932 tests,
examples and also practice CA Foundation tests.
|
51 videos|110 docs|57 tests
|
|
Explore Courses for CA Foundation exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
practice quizzes
,Semester Notes
,Summary
,Exam
,Important questions
,MCQs
,Viva Questions
,Indian Partnership Act 1932 Video Lecture | Business Laws for CA Foundation
,Extra Questions
,study material
,past year papers
,shortcuts and tricks
,mock tests for examination
,video lectures
,Indian Partnership Act 1932 Video Lecture | Business Laws for CA Foundation
,Indian Partnership Act 1932 Video Lecture | Business Laws for CA Foundation
,ppt
,Objective type Questions
,Sample Paper
,Free
,Previous Year Questions with Solutions
;
Study Indian Partnership Act 1932 on the App
Students of CA Foundation can study Indian Partnership Act 1932 alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Indian Partnership Act 1932,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Indian Partnership Act 1932 is prepared as per the latest CA Foundation syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup